On the 23rd, the Korean stock market closed slightly higher due to favorable demand from foreign investors.
The KOSPI closed at 2,514.96, up 0.13% (3.26 points) from the previous day. On that day, the KOSPI opened at 2,515.83, up 0.16% (4.13 points) from the previous trading day, but showed signs of instability as it fell afterward. However, as foreign investors turned to a 'buying' trend in the morning, the upward momentum continued until the end.
At the start of trading, individual investors led the buying trend, but in the end, foreign investors alone net purchased 118.1 billion KRW to close the session. Individuals and institutions net sold 56.2 billion KRW and 81.4 billion KRW, respectively. In the futures market, individuals alone bought 129.2 billion KRW, while foreign investors and institutions sold 97.7 billion KRW and 57.6 billion KRW, respectively.
Among the top 10 stocks by market capitalization, weakness in semiconductors was notable. Samsung Electronics fell by 0.55%, SK Hynix by 0.91%, and NAVER by 0.96%. LG Chem (+2.98%), Kia (+1.68%), and LG Energy Solution (+1.47%) posted some of the highest gains.
The KOSDAQ closed at 815.98, up 0.17% (1.37 points) from the previous day. On that day, the KOSDAQ started at 816.16, up 0.19% (1.55 points) from the previous trading day, but also turned downward during the session. For KOSDAQ, individuals and foreign investors bought 25.8 billion KRW and 18.2 billion KRW, respectively, while institutions alone sold 31.8 billion KRW.
Among the top 10 stocks by market capitalization, only L&F (-0.88%) and Alteogen (-0.54%) declined. HLB (+2.57%), POSCO DX (+1.99%), EcoPro BM (+1.67%), JYP Entertainment (+1.66%), and Rainbow Robotics (+1.43%) closed with gains in that order.
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