Mixed Trends Among Top Market Cap Stocks with Naver Up Over 5%
Food & Beverage, Construction, Securities Strong; Medical Precision Weak
On the 8th, the KOSPI and KOSDAQ indices in the domestic stock market diverged. The KOSPI closed higher, while the KOSDAQ closed lower.
On that day, the KOSPI index closed at 2,513.21, up 12.27 points (0.49%) from the previous trading day. Institutions purchased 449.3 billion KRW, and foreigners bought 252.1 billion KRW. Conversely, individuals sold 694.3 billion KRW.
By stock, NAVER showed a strong gain of over 5%. Following were LG Electronics, Shinhan Financial Group, Hyundai Motor, Hyundai Mobis, and Kia, all closing in the green. On the other hand, POSCO Future M fell more than 5%. POSCO also showed a decline of around 3%. Samsung Biologics, LG Energy Solution, LG Chem, and Celltrion also closed lower.
By sector, food and beverage, construction, and securities rose, while medical precision, steel and metals, and textiles and apparel declined.
The KOSDAQ index closed at 842.28, down 2.78 points (0.33%) from the previous trading day. Foreigners were net sellers of 56.9 billion KRW. Meanwhile, institutions and individuals were net buyers of 51.9 billion KRW and 24.5 billion KRW, respectively.
Among the top market capitalization stocks, EcoPro fell more than 6%. Studio Dragon, EcoPro BM, JYP Entertainment, POSCO DX, and SM also declined. On the other hand, Caregen, Rainbow Robotics, HLB, Lino Industrial, Pearl Abyss, and Celltrion Healthcare rose. By sector, finance, entertainment, and electrical and electronics declined, while food, beverage and tobacco, semiconductors, and computer services rose.
Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate closed at 1,321.4 won, down 1.4 won (0.11%) from the previous day.
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