Won-Dollar Exchange Rate Starts at 1333.2 Won, Down 5.8 Won
On the 22nd, the KOSPI index opened at 2489.57, up 16.83 points from the previous trading day, as dealers were working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. On the same day, the won-dollar exchange rate started trading at 1333.2 won, down 5.8 won from the previous trading day. Photo by Kang Jin-hyung aymsdream@
The KOSPI and KOSDAQ are attempting to rebound after turning downward on the 22nd. By sector, semiconductors are showing strength, while automobiles and batteries are weak.
As of 9:39 AM, the KOSPI is at 2471.33, down 0.06% (1.41 points) from the previous trading day. The KOSPI opened at 2489.57, up 0.68% (16.83 points) from the previous day.
Foreign investors and institutions are net buyers of 81.4 billion KRW and 30 billion KRW respectively, but the index is showing weakness. Individual investors alone are net sellers of 106.5 billion KRW. In the futures market, foreign investors alone are selling 385.6 billion KRW.
Among the top 10 stocks by market capitalization, a mixed pattern is observed with semiconductor sector strength standing out. Samsung Electronics and SK Hynix are up 1.34% and 1.84% respectively. Celltrion is surging 4.09%. NAVER is also up 1.62%. On the other hand, LG Energy Solution is down 2.61%. Hyundai Motor and Kia are down 0.94% and 1.48% respectively.
As of 9:45 AM, the KOSDAQ is at 844.43, up 0.21% (1.76 points) from the previous trading day. The KOSDAQ opened at 848.87, up 0.74% (6.20 points) from the previous day. It turned downward after the opening but succeeded in rebounding. Institutions alone are net buyers of 45.8 billion KRW, supporting the index. Individual and foreign investors are net sellers of 30.8 billion KRW and 3.6 billion KRW respectively.
Among the top 10 stocks by market capitalization, battery sector weakness is notable. Market cap leader Ecopro BM is down 6.28%, second-ranked Ecopro down 4.14%, L&F down 3.84%, and Rainbow Robotics down 0.75%.
Meanwhile, in the Seoul foreign exchange market today, the won-dollar exchange rate opened at 1333.2 won, down 5.8 won.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
