KOSPI Holds Firm as Foreign and Institutional Buyers Support Index, Individuals Sell Off 1 Trillion Won
KOSPI Starts Higher But Sees Volatility
KOSDAQ Down Around 1 Percent
On July 30th, the KOSPI index fluctuated during early trading hours but remained slightly in positive territory. Meanwhile, the KOSDAQ continued its downward trend due to weakness in semiconductor equipment stocks.
As of 10:15 a.m. on the same day, the KOSPI was trading at 5,678.45, up 15.21 points (0.27%) from the previous trading day. The KOSPI started the session at 5,681.77, up 18.53 points (0.33%), and continued to fluctuate within a narrow range in early trading. Foreign investors made a net purchase of 433 billion won, and institutions bought 683.1 billion won on a net basis, which has been supporting the index. Individual investors sold off a total of 1.104 trillion won.
By sector, metals (up 3.54%), transport & storage (up 3.52%), transportation equipment & parts (up 3.51%), food & beverages & tobacco (up 3.22%), and chemicals (up 3.16%) were all strong. On the other hand, electrical & electronics (down 1.56%), medical precision equipment (down 0.87%), and manufacturing (down 0.47%) were weaker.
The KOSPI index started the day at 5,681.77, up 18.53 points from the previous trading day. The current status of the domestic stock market is displayed on the electronic board in the dealing room at the headquarters of Hana Bank in Jung-gu, Seoul on the 30th. Photo by Kang Jin-hyung
View original imageAmong the top market cap stocks, Hanwha Aerospace (up 9.63%), LG Energy Solution (up 7.49%), Hana Financial Group (up 5.81%), Celltrion (up 5.78%), KB Financial Group (up 5.31%), HD Hyundai Heavy Industries (up 5.07%), Shinhan Financial Group (up 4.98%), Samsung C&T (up 3.50%), and Hyundai Mobis (up 2.25%) recorded gains. Meanwhile, SK Square (down 4.59%), SK hynix (down 3.71%), Samsung Electro-Mechanics (down 2.82%), and Samsung Electronics Preferred Shares (down 1.30%) declined.
At the same time, the KOSDAQ index was at 656.32, down 6.36 points (0.96%) from the previous trading day. The KOSDAQ opened at 654.72, down 7.96 points (1.20%), and has continued its weak trend. Foreign investors made a net purchase of 33.5 billion won and institutions 57.6 billion won, while individual investors sold off 92.3 billion won.
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Among KOSDAQ large-cap stocks, EcoPro (up 4.60%), EcoPro BM (up 4.43%), and Caregen (up 3.59%) advanced. In contrast, Jusung Engineering plummeted by 12.75%, while PharmaResearch (down 8.82%), PSK (down 6.88%), Simmtech (down 4.96%), EO Technics (down 4.62%), Wonik IPS (down 4.57%), Peptron (down 3.99%), Regaccembio (down 3.86%), Leeno Industrial (down 3.44%), and Rainbow Robotics (down 2.07%) also experienced declines.
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