[Asia Economy Reporter Eunmo Koo] The KOSPI closed above the 2350 mark, rising for the fifth consecutive day, supported by net buying from individual investors. The KOSDAQ index also maintained its recent upward trend, rising for 10 consecutive trading days to close the week.
On the 7th, the KOSPI closed at 2351.67, up 9.06 points (0.39%) from the previous day. The KOSPI started the day higher, mostly holding steady gains until around 11:30 AM when it turned downward, then maintained slight declines until 2 PM before reducing losses and turning upward again. It gradually increased its gains thereafter, closing near the 2350 level.
Looking at trading trends by participant, individual investors led the rise with net purchases of 856.1 billion KRW. In contrast, institutional and foreign investors sold net amounts of 798.4 billion KRW and 77 billion KRW, respectively.
By sector, chemicals (5.05%), non-metallic minerals (3.12%), and telecommunications (2.50%) rose, while medical precision (-1.68%), insurance (-1.31%), and textiles and apparel (-1.26%) declined.
Among the top market capitalization stocks, LG Chem surged nearly 10% (9.71%), while Samsung SDI (3.94%), SK Telecom (3.85%), and LG Household & Health Care (3.39%) also rose. Conversely, Kakao (-3.02%), NAVER (-2.48%), Samsung C&T (-1.84%), and Samsung Biologics (-1.29%) fell.
On the day, 482 stocks rose in the KOSPI market, including 4 stocks hitting the upper price limit, while 462 stocks declined with no stocks hitting the lower price limit. 62 stocks remained unchanged.
The KOSDAQ index also closed higher, continuing its 10-day consecutive rise. The KOSDAQ started the day higher but reversed to a decline around 10 AM, maintaining a downward trend until 2 PM before turning upward and expanding gains to close at 857.63, up 3.51 points (0.41%) from the previous day.
By trading participant, individual and foreign investors net bought 51.4 billion KRW and 29 billion KRW, respectively, while institutional investors net sold 60.8 billion KRW.
By sector, telecommunications equipment (6.53%), internet (5.03%), and information devices (4.65%) rose, while medical and precision instruments (-1.77%), textiles and apparel (-1.60%), and non-metallic minerals (-1.56%) declined.
Among the top market capitalization stocks, Solbrain (7.63%), EcoPro BM (5.89%), KMH (4.85%), and Celltrion Healthcare (4.20%) rose. Meanwhile, Studio Dragon (-2.79%), Genexine (-2.23%), HLB (-1.77%), and Pearl Abyss (-1.09%) declined.
On the day, 512 stocks rose in the KOSDAQ market, including 5 stocks hitting the upper price limit, while 756 stocks declined with no stocks hitting the lower price limit. 80 stocks remained unchanged.
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