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Foreigners and Institutions Continue Net Buying... KOSPI Holds Above 2350

Foreigners and Institutions Continue Net Buying... KOSPI Holds Above 2350 The KOSPI started on an upward trend on the 19th. The KOSPI opened at 2,352.92, up 11.39 points (0.49%) from the previous session, while the KOSDAQ index rose 2.99 points (0.36%) to start at 836.83. (Photo by Yonhap News)


[Asia Economy Reporter Geum Bo-ryeong] On the 19th, the KOSPI index held the 2350 level thanks to net buying by foreigners and institutions.


As of 2:10 PM that day, the KOSPI index recorded 2354.77, up 13.24 points (0.57%) from the previous close.


The KOSPI opened at 2352.92, up 11.39 points (0.49%) from the previous trading day, and has maintained a steady upward trend.


In the KOSPI market, foreigners and institutions net bought 67.8 billion KRW and 311.1 billion KRW respectively. On the other hand, individuals net sold 381 billion KRW.


By sector, textiles and apparel (3.52%), paper and wood (1.02%), steel and metals (1.89%), and machinery (2.88%) rose, while transportation equipment (1.07%) and transportation and warehousing (0.32%) declined.


Among the top 10 by market capitalization, Samsung Electronics (0.67%), SK Hynix (2.34%), and Samsung Biologics (0.58%) rose, while NAVER (1.36%), LG Chem (2.97%), and Hyundai Motor (2.03%) fell.


At the same time, the KOSDAQ index showed 828.43, down 5.41 points (0.65%) from the previous close.


The KOSDAQ opened at 836.83, up 2.99 points (0.36%) from the previous trading day, but after fluctuating between gains and losses, it widened its decline from around 12:20 PM.


In the KOSDAQ market, individuals and foreigners net bought 75 billion KRW and 4.7 billion KRW respectively, while institutions net sold 66.8 billion KRW.


By sector, textiles and apparel (1.05%), distribution (0.94%), and finance (1.2%) rose, while chemicals (1.21%), metals (1.26%), and IT components (1.3%) declined.


Among the top market cap stocks, Celltrion Healthcare (2.05%), Celltrion Pharm (0.46%), and CJ ENM (0.51%) rose, while Seegene (1.51%) and HL Biopharma (2.59%) fell.


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