On the 30th, the KOSPI index closed slightly lower but recovered to the 2300 level.
On this day, the KOSPI index closed at 2310.55, up 7.74 points (0.34%) from the previous session. Institutions were net buyers with 43.6 billion KRW, while foreigners and individuals were net sellers with 63.4 billion KRW and 26.3 billion KRW, respectively.
The top group of stocks by market capitalization on the KOSPI showed mixed performance. POSCO Holdings (2.36%), LG Chem (1.48%), and LG Energy Solution (1.25%) closed higher, whereas Kia (-2.01%) and Hyundai Motor (-1.77%) closed lower. Samsung Electronics and SK Hynix showed no change compared to the previous session.
Kim Seok-hwan, a researcher at Mirae Asset Securities, said, "The KOSPI lacked directional movement as large semiconductor stocks fluctuated repeatedly, while the KOSDAQ maintained an upward trend driven by bargain buying centered on secondary battery stocks." He added, "Ahead of this week's major central bank meetings including the Federal Open Market Committee (FOMC) in the US, Japan, and Europe, cautious sentiment expanded, leading to reduced trading volume." He continued, "Stocks with poor third-quarter earnings plunged sharply, especially cosmetics and duty-free sectors related to China continue to show weakness."
The KOSDAQ index closed at 757.12, up 8.63 points (1.15%) from the previous session. Individuals were net sellers with 72.5 billion KRW, while foreigners and institutions were net buyers with 60.1 billion KRW and 6.9 billion KRW, respectively.
Most of the top market capitalization group on the KOSDAQ showed gains. POSCO DX closed strong with an 8.71% increase. Others such as EcoPro (4.25%), EcoPro BM (4.13%), and Alteogen (3.67%) also closed higher. HLB (-0.51%) and HPSP (-0.15%) declined slightly.
Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate closed at 1350.9 won, down 5.0 won from the previous session.
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