KOSPI Rises 2% After Turning Positive Intraday on Institutional Buying

KOSDAQ also rises more than 1%

The KOSPI was trading higher intraday, buoyed by net buying from institutional investors.

As of 12:32 p.m. on November 2, the KOSPI was trading at 5,855.52, up 2.18%.

By investor group, foreign investors and individuals were net sellers of 370.8 billion won and 766.2 billion won, respectively, while institutions were net buyers of 878.8 billion won.

All sectors were trading higher except pharmaceuticals (-0.9%), securities (-0.88%) and insurance (-0.31%). Construction rose 5.47%, while transportation equipment and parts gained 3.86%, machinery and equipment 3.46%, metals 2.76%, medical and precision instruments 2.72%, and electrical and electronics 2.6%.

The KOSPI opened lower but turned higher on net buying by institutional investors. Stock market indexes are displayed in the dealing room at Hana Bank headquarters in Jung-gu, Seoul, on Nov. 2. As of 9:45 a.m., the KOSPI was trading at 5,744.42, up 13.68 points (0.24%) from the previous trading day. It opened at 5,637.77 and fell as much as 114.24 points (1.99%) to 5,616.50 early in the session before paring its losses and turning higher.

Nov. 2, 2026. Photo by Kim Hyunmin

Among stocks with the largest market capitalizations, financial stocks were weak. Meritz Financial Group fell 2.8%, while Samsung Biologics (-2.6%), Shinhan Financial Group (-2.6%), Hana Financial Group (-2.1%), Woori Financial Group (-2.1%), KB Financial Group (-1.8%) and Industrial Bank of Korea (-1.8%) also declined. By contrast, Hanwha Ocean rose 11.2%, while Hyosung Heavy Industries gained 10.6%, Hyundai Glovis 9.8%, Samsung Heavy Industries 8.9%, HD Korea Shipbuilding & Offshore Engineering 8.6%, Hanwha Systems 7.9% and LS ELECTRIC 7.3%.

At the same time, the KOSDAQ was also strong. The index was trading at 736.33, up 1.65% from the previous day. By investor group, foreign investors and individuals were net sellers of 14.4 billion won and 3.5 billion won, respectively, while institutions were net buyers of 23.6 billion won.

Among stocks with the largest market capitalizations, all were trading higher except Pearl Abyss (-5.7%), PSK Holdings (-2%), OliX (-1.6%), PSK (-0.6%), Fadu (-0.5%), Voronoi (-0.2%) and Soulbrain (-0.1%). Wonik Holdings rose 7.8%, while SIMMTECH gained 7.5%, Park Systems 6.6%, ISC 6.6%, Peptron 4.9% and Jeju Semiconductor 4.6%.

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