KOSPI Ends Higher After Opening Lower... Reclaims 5,700 Level

KOSPI closes up 1.76% at 5,768.01
Foreign and institutional investors drive gains; individuals net sell 2 trillion won
KOSDAQ also turns higher, closes at 808.89

The KOSPI opened lower but turned higher during the session, recovering the 5,700 level. Buying by foreign and institutional investors appears to have driven the index’s gains.

Yonhap News Agency

On October 19, the KOSPI closed at 5,768.01, up 99.96 points (1.76%) from the previous trading day. It opened at 5,488.41, down more than 3% from the previous trading day, but turned higher during the session and recovered the 5,700 level. Foreign investors and institutions led the gains with net purchases of 625,235,000,000 won and 875,964,000,000 won, respectively. Individual investors, meanwhile, recorded net sales of 1,928,307,000,000 won.

Most sectors rose. Share price gains were notable in pharmaceuticals (+5.20%), metals (+4.98%), chemicals (+3.56%), insurance (+2.85%), transportation equipment and parts (+2.78%), machinery and equipment (+2.42%), and transportation and warehousing (+1.97%). Medical and precision instruments (-2.83%), textiles and apparel (-0.84%), and paper and wood (-0.05%) were lower or nearly flat.

Among the top companies by market capitalization, Samsung Electronics, ranked first, rose 1.1%, while SK hynix, ranked second, was up 0.3%; both posted gains or were nearly flat. SK Square, ranked third, was slightly lower, down 0.5%. LG Energy Solution (+7.2%), which had moved into third place by market capitalization during the session, ended in fourth place as SK Square narrowed its losses. Samsung SDI (+11.7%), Samsung Biologics (+9.9%), and Kia (+5.2%) each gained more than 5%.

The KOSDAQ also opened down 2.73% at 773.06, but turned higher during the session to close at 808.89, up 14.11 points (1.78%). Individual and institutional investors recorded net purchases of 27,122,000,000 won and 71,727,000,000 won, respectively, while foreign investors recorded net sales of 113,290,000,000 won.

All sectors except non-metallic minerals (-1.28%) advanced. Finance (+7.10%), metals (+4.03%), paper and wood (+3.12%), and transportation equipment and parts (+3.02%) rose more than 3%. Gains were also recorded in entertainment and culture (+2.44%), general services (+2.32%), chemicals (+1.97%), and pharmaceuticals (+1.90%), among other sectors.

Among the top companies by market capitalization, Alteogen, ranked first, rose 2.1%; EcoPro, ranked second, gained 11.1%; and EcoPro BM, ranked third, advanced 8.3%. Some robotics-related stocks, including Rainbow Robotics (+7.2%) and Robotis (+4.7%), rose, while semiconductor-related stocks such as EO Technics (-2.3%) and Jusung Engineering (-0.4%) ended lower.

This content was produced with the assistance of AI translation services.