On the 26th, the Korean stock market started off lower but soon turned to an upward trend. The semiconductor sector showed weakness, while the battery sector was strong.
As of 9:51 AM, the KOSPI is at 2484.41, up 0.57% (14.07 points) compared to the previous day. The KOSPI opened at 2458.05, down 0.50% (12.29 points) from the previous day.
Foreign investors alone are net buyers of 93.5 billion KRW, defending the index. Individual and institutional investors are net sellers of 51.8 billion KRW and 42.3 billion KRW, respectively. In the futures market, foreign investors are also net buyers with 268.4 billion KRW, while individuals and institutions are net sellers of 71.3 billion KRW and 174 billion KRW, respectively.
Looking at the top 10 stocks by market capitalization, the trend is mixed. Samsung Electronics -0.54%, SK Hynix -0.15%, Samsung Biologics -1.91%, Hyundai Motor -0.74%, and Celltrion -0.22% are declining. Battery stocks such as LG Energy Solution +4.48%, LG Chem +4.33%, and POSCO Holdings +2.63% show notable strength.
As of 9:56 AM, the KOSDAQ is trading at 829.74, up 0.73% (6.00 points) from the previous day. The KOSDAQ opened at 818.76, down 0.60% (4.98 points) from the previous day. Individual investors alone are net buyers of 107.4 billion KRW, pushing the index higher. Foreign and institutional investors are net sellers of 31.6 billion KRW and 67.6 billion KRW, respectively.
Among the top 10 stocks by market capitalization, all are rising except HPSP -1.35% and Rino Industrial -4.44%. Notable gains include HLB +14.08%, EcoPro +6.42%, Alteogen +5.43%, and EcoPro BM +3.96%.
Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate opened at 1337.8 KRW, up 2.0 KRW from the previous day.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
