[Asia Economy Reporter Eunmo Koo] The KOSPI continued its upward trend for the third consecutive trading day, recovering the 2180 level, driven by net buying from institutional investors. The KOSDAQ index also closed up more than 1%.
On the 6th, the KOSPI closed at 2187.93, up 35.52 points (1.65%) from the previous day. The KOSPI started higher and showed a firm tone in the early session, steadily expanding its gains after 10:30 a.m., finishing around the 2180 level.
Looking at trading trends by participant, institutional investors led the index rise with net purchases of 623.5 billion KRW. In contrast, individual and foreign investors sold net amounts of 360.1 billion KRW and 261.5 billion KRW, respectively.
By sector, service industries (4.24%), medical precision (4.14%), electrical and electronics (2.39%), and transportation equipment (2.39%) rose, while pharmaceuticals (-1.15%) and textiles and apparel (-0.27%) declined.
Among the top market capitalization stocks, NCSoft (5.40%), Hyundai Mobis (4.60%), Samsung Electronics (2.61%), Hyundai Motor (2.32%), Kakao (2.21%), and Samsung SDI (1.84%) rose, whereas SK (-3.68%), Samsung Biologics (-2.20%), and LG Household & Health Care (-1.74%) fell.
In the KOSPI market, 576 stocks rose, including three stocks hitting the upper price limit, while 267 stocks declined with no stocks hitting the lower price limit. Sixty stocks remained unchanged.
The KOSDAQ index also rose more than 1%, continuing its upward trend for the third consecutive day. Like the KOSPI, the KOSDAQ started higher but showed mixed movements in the early session. After turning positive around 9:30 a.m., it steadily maintained gains within 1% during the session and closed at 759.90, up 7.72 points (1.03%) from the previous day.
By participant, individual investors led the index rise with net purchases of 78.8 billion KRW, while foreign and institutional investors sold net amounts of 60.1 billion KRW and 15.3 billion KRW, respectively.
By sector, paper and wood (7.48%), general electrical and electronics (2.92%), and digital content (2.83%) rose, while other manufacturing (-0.85%), distribution (-0.29%), and internet (-0.11%) declined.
Among the top market capitalization stocks, Com2uS surged 10.12%, and EcoPro BM (9.93%), Alteogen (5.43%), Hugel (1.85%), and CJ ENM (1.50%) also rose. Meanwhile, Seegene (-1.66%), HLB (-1.20%), and Celltrion Pharm (-0.65%) declined.
In the KOSDAQ market, 774 stocks rose, including three stocks hitting the upper price limit, while 476 stocks declined, including one stock hitting the lower price limit. Eighty-five stocks remained unchanged.
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