KOSPI Falls Back Below 7,000... KOSDAQ Closes Up 2.98%
KOSPI Closes at 6,941.39 as Foreign Investors Sell KRW 1.8 Trillion
KOSDAQ Jumps 2.98% to Finish at 919.92
As the KOSPI ended slightly lower, slipping below the 7,000-point mark, the KOSDAQ closed up 2.98%, finishing just shy of the 920-point level.
On October 6, the KOSPI index closed at 6,941.39, down 62.35 points (0.89%) from the previous trading day. Foreign investors led the decline, posting a net sell of KRW 1,772,586 million. In contrast, individual investors and institutions recorded net buys of KRW 725,613 million and KRW 59,450 million, respectively.
By sector, medical and precision instruments (+6.53%) and chemicals (+1.59%) showed strong gains, while transportation equipment and parts (-1.43%), electrical and electronics (-1.31%), and pharmaceuticals (-1.09%) closed lower. Machinery and equipment (+0.82%), electricity and gas (+0.60%), paper and wood (-0.60%), and construction (-0.41%) finished the session relatively flat.
Among the largest stocks by market capitalization, Samsung Electronics (-1.4%) and SK hynix (-3.6%), along with Hanwha Aerospace (-4.5%), Samsung Biologics (-3.2%), and HD Hyundai Heavy Industries (-1.2%) all ended lower. On the other hand, Samsung SDI (+8.7%), LG Electronics (+7.6%), Samsung Electro-Mechanics (+5.9%), and LG Energy Solution (+5.1%) closed higher.
The KOSDAQ index finished at 919.92, up 26.63 points (2.98%) compared to the previous session. Foreign investors posted a net buy of KRW 113,680 million, and institutions net purchased KRW 105,614 million, while individual investors net sold KRW 212,019 million.
Most sectors on the KOSDAQ ended higher. Strong gains were posted in pharmaceuticals (+4.62%), financials (+4.49%), machinery and equipment (+3.90%), electrical and electronics (+3.28%), manufacturing (+3.26%), and medical and precision instruments (+2.58%). In contrast, publishing and media reproduction (-1.38%), paper and wood (-0.75%), and entertainment and culture (-0.12%) closed lower.
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Among the top stocks by market capitalization, Jusung Engineering saw its share price surge by 17.5%, rising from fourth to third place in the market cap rankings by the close. At one point during the session, the company even reached the second spot. HLB (+17.1%), Samchundang Pharm (+16.4%), EcoPro BM (+11.4%), EcoPro (+7.3%), Simmtech (+4.6%), and Rainbow Robotics (+3.6%) also finished higher. Alteogen, the largest company by market capitalization (+0.1%), closed moderately higher.
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