Domestic Stock Market Rises on Foreign Buying Momentum

Foreign Buying Boost Amid Individual and Institutional Selling
KOSPI and KOSDAQ Show Clear Gains in Top Market Cap Stocks

[Asia Economy Reporter Kwangho Lee] The domestic stock market continues its upward trend, supported by net purchases from foreign investors. Both the KOSPI and KOSDAQ started with gains of over 1% and continue to show positive momentum. Most of the top market capitalization stocks are also rising.

At 9:03 AM on the 25th, the KOSPI index stood at 2,423.97, up 28.71 points (1.2%) from the previous trading day. The KOSPI started with a gain of over 1% and is fluctuating around the 2,420 level. Individual and institutional investors are net sellers with 118.4 billion KRW and 18.1 billion KRW respectively, while foreign investors are net buyers with 138.6 billion KRW.

On the 5th, KOSPI opened at 2,268.20, up 12.22 points (0.54%) from the previous trading day, as employees worked in the Hana Bank dealing room in Jung-gu, Seoul. The won-dollar exchange rate started at 1,271.0 won, down 0.7 won from the previous trading day. Photo by Kim Hyun-min kimhyun81@

The sectoral gains in the KOSPI are noteworthy. Medical precision instruments and electrical electronics are up over 2%, while manufacturing, chemicals, and services sectors are rising by over 1%. Additionally, telecommunications, pharmaceuticals, insurance, distribution, paper and wood, and non-metallic minerals sectors are showing slight gains.

Samsung Electronics, the largest market cap stock on the KOSPI, is trading at 63,200 KRW, up 1,400 KRW (2.27%) from the previous day. Alongside, LG Energy Solution (0.53%), SK Hynix (4%), LG Chem (3.2%), Samsung SDI (3.07%), Hyundai Motor (0.85%), and NAVER (1.99%) are also rising. Conversely, LG Household & Health Care (-0.93%), Amorepacific (-1.01%), and HYBE (-0.11%) are declining.

The KOSDAQ is also rising in tandem. At the same time, the KOSDAQ index is at 727.21, up 9.24 points (1.29%) from the previous trading day. Individual and foreign investors are net sellers with 22.8 billion KRW and 7.5 billion KRW respectively, while institutional investors are net buyers with 33.1 billion KRW.

Medical precision instruments are recording the highest gain at 3.07%. Finance, semiconductors, and software sectors are up over 2%, while IT hardware, IT software, non-metallic minerals, and computer services sectors are rising by over 1%.

Most of the top market cap stocks on the KOSDAQ are also on the rise. EcoPro BM, the largest by market cap, is trading at 107,000 KRW, up 1,300 KRW (1.31%) from the previous day. Celltrion Healthcare (1.2%), L&F (2.5%), Kakao Games (1.88%), HLB (1.77%), EcoPro (2.39%), Pearl Abyss (0.9%), and Rino Industrial (3.97%) are also gaining.

Meanwhile, the won-dollar exchange rate started at 1,233 KRW, down 2.5 KRW from the previous trading day.