[Asia Economy Reporter Park Jihwan] The domestic stock market showed a slight upward trend, supported by the buying power of individual investors. Individuals alone are absorbing the simultaneous selling pressure from foreigners and institutions, defending the index.
On the 12th, the KOSPI recorded 2,425.98 points at 9:20 a.m., up 7.31 points (0.30%) from the previous trading day. The KOSPI started the day at 2,414.78, down 0.16% from the previous day. However, it successfully turned upward early in the session, supported by net buying from individual investors.
Looking at the trading trends by participant, individual investors are leading the index with net purchases of 172.8 billion KRW. Meanwhile, foreigners and institutional investors are selling simultaneously, with 49.1 billion KRW and 129 billion KRW respectively.
By sector, the performance was mixed. Food and beverages, machinery, and distribution sectors rose, while electrical and electronics, medical precision, and construction sectors declined.
Most of the top market capitalization stocks are on a downward trend. Samsung Biologics (3.73%) and LG Chem (0.53%) are rising, whereas SK Hynix (-0.74%), Samsung Electronics (-0.17%), and NAVER (-0.96%) are falling.
At the same time, the KOSDAQ market stood at 855.93, down 4.30 points (0.50%) from the previous trading day. The market opened at 858.88, down 1.35 points from the previous day.
Regarding supply and demand, similar to the KOSPI market, individual investors are leading with net purchases of 76.2 billion KRW. Foreigners and institutional investors are selling, with 25.2 billion KRW and 44.4 billion KRW respectively.
By sector, construction and telecommunications equipment are rising, while distribution, transportation, and finance sectors are declining.
Among the top market capitalization stocks, Seegene (1.53%), KMW (0.13%), and EcoPro BM (0.19%) are rising, while Celltrion Healthcare (-1.20%), Celltrion Pharm (-1.93%), and HLB (-1.23%) are falling.
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