KOSPI Continues Uptrend in Afternoon... Foreign and Institutional Investors Net Buyers

[Asia Economy Reporter Minji Lee] The KOSPI continues its upward trend in the afternoon, driven by net buying from foreigners and institutions.

As of 1:55 PM on the 12th, the KOSPI stands at 2,967.89, up 1.47% (42.97 points) from the previous trading day. The KOSPI opened at 2,945.95, up 0.72% (21.03 points), and has been increasing its gains since. Looking at investment trends, foreigners and institutions bought stocks worth 354 billion KRW and 465.9 billion KRW respectively. Individuals sold about 839.7 billion KRW worth of stocks alone.

Among the top market capitalization stocks, Samsung Electronics rose 1.14% from the previous day to 70,700 KRW. Other stocks such as NAVER (0.49%), Kakao (1.59%), Samsung Biologics (2.20%), LG Chem (1.98%), Hyundai Motor (1.46%), and Kia (3.69%) increased, while SK Hynix (-0.93%) and Samsung SDI (-0.40%) declined.

At the same time, the index stands at 1,007.15, up 1.56% (15.50 points) from the previous trading day. The KOSDAQ index opened at 999.29, up 0.67% (6.64 points), and continues its upward momentum. Investment trends show that foreigners alone bought stocks worth 119.8 billion KRW, while individuals and institutions sold stocks worth 64.8 billion KRW and 52.4 billion KRW respectively.

Among the top market capitalization stocks, Celltrion Healthcare (0.35%), Kakao Games (4.73%), Wemade (6.21%), Celltrion Pharm (2.49%), HL Biopharma (0.77%), SK Materials (5.33%), and CJ ENM (1.07%) rose. Conversely, EcoPro BM (-0.18%), Pearl Abyss (-1.97%), and L&F (-0.14%) declined.