KOSPI Opens Higher on First Day of Second Half... Maintains 2120 Level

On the 1st, employees are monitoring the KOSPI index at the Hana Bank headquarters in Myeongdong, Seoul. (Photo by Yonhap News)

[Asia Economy Reporter Kum Boryeong] On the 1st, marking the start of the second half of the year, the KOSPI index opened higher and maintained the 2120 level.

At 9:20 a.m. that day, the KOSPI index recorded 2122.62, up 14.38 points (0.68%) from the previous session.

The KOSPI started at 2128.81, up 20.48 points (0.97%) from the previous trading day, continuing its strong trend.

In the Korea Stock Exchange, individuals and foreigners net bought 42.7 billion KRW and 9.9 billion KRW respectively, while institutions net sold 52.7 billion KRW.

By sector, food and beverages (1.01%), steel and metals (2.02%), and electrical and electronics (1.01%) rose, while electric and gas utilities (0.32%) and textiles and apparel (1.32%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (0.95%), SK Hynix (1.41%), NAVER (1.87%), LG Chem (2.34%), and Kakao (2.24%) rose, whereas Samsung Biologics (0.26%), Celltrion (0.33%), and Samsung C&T (0.43%) fell.

At the same time, the KOSDAQ was at 740.56, up 2.59 points (0.35%) from the previous day.

The KOSDAQ opened at 743.53, up 5.56 points (0.75%) from the previous trading day, and maintained its upward trend.

In the KOSDAQ market, individuals and foreigners net bought 23.3 billion KRW and 3 billion KRW respectively, while institutions net sold 23.9 billion KRW.

By sector, semiconductors (1.67%), paper and wood (1.76%), and internet (1.57%) rose, while entertainment and culture (0.98%) and chemicals (0.24%) declined.

Among the top market cap companies, Celltrion Healthcare (0.37%), HL Biopharma (1.62%), Celltrion Pharm (0.63%), and Pearl Abyss (0.41%) declined, while Seegene (1.51%) and EcoPro BM (4.56%) rose.