KOSPI Edges Higher in Early Trading; KOSDAQ Falls

Individual and Foreign Investors Net Buyers of KOSPI Stocks

The KOSPI opened slightly higher on Oct. 29, holding above the 6,000 mark. The KOSDAQ, meanwhile, edged lower.

At around 9:10 a.m., the KOSPI was trading at 6,050.44, up 0.63% from the previous session. It opened at 6,017.22 and briefly slipped below 6,000 after turning slightly lower, but then resumed its upward trend.

Yonhap News Agency

Individual investors were buying 322.9 billion won worth of KOSPI shares, while foreign investors bought 133.3 billion won. Institutions were net sellers of 389 billion won.

Sector performance was mixed. Electric and Electronic stocks rose 1.03%, Medical and Precision Instruments gained 0.70%, Manufacturing advanced 0.44%, and Entertainment and Culture added 0.16%, while the other sectors declined. Losses were particularly steep in Chemicals, down 2.77%; Transportation Equipment and Parts, down 2.70%; Machinery and Equipment, down 2.48%; and Metals, down 2.27%.

Among the largest stocks by market capitalization, Samsung Electronics was up 0.4%, SK hynix 3.1%, SK Square 3.5%, and Samsung Electro-Mechanics 0.3%. LG Energy Solution fell 7.3%, Samsung Biologics 0.5%, Hyundai Motor 2.1%, KB Financial Group 1.0%, and Samsung Life Insurance 0.3%.

At the same time, the KOSDAQ was trading at 766.03, down 0.68% from the previous session. It opened slightly lower and continued to trend downward. Individual investors were net buyers of 66.1 billion won worth of KOSDAQ shares, while foreign and institutional investors were net sellers of 41.6 billion won and 15 billion won, respectively.

All of the largest KOSDAQ stocks by market capitalization were lower except EO Technics, which gained 0.3%. Alteogen fell 0.4%, EcoPro 2.3%, EcoPro BM 2.8%, Jusung Engineering 1.7%, Rainbow Robotics 3.0%, HLB 2.7%, SIMMTECH 1.4%, Rino Industrial 1.2%, and Wonik IPS 2.3%.

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