Samsung Electronics Hits Another 52-Week High... KOSPI Steady Around 2740

Mixed Overall Trend, Foreigners 'Buy', Institutions and Retail Investors 'Sell'
'80,000 Electronics'... 52-Week High Rally for 2 Consecutive Trading Days
Hanmi Science Plummets 10% After End of Management Dispute

The KOSPI is holding steady around the 2740 level.

As of 10:32 AM on the 29th, the KOSPI is trading at 2748.68, up 2.86 points (0.10%) from the previous day. The KOSPI index, which started at 2757.25, up 11.45 points from the previous trading day, is slightly declining in the early hours of trading.

By investor type, institutions sold 49.6 billion KRW, and individuals sold 189.8 billion KRW. Foreigners were the sole buyers, purchasing 263.5 billion KRW.

By sector, the bio-pharmaceutical sectors such as Medical Precision (3.09%) and Pharmaceuticals (1.83%) are showing strength. In contrast, financial-related stocks such as Insurance (-2.07%), Finance (-0.95%), and Securities (-0.62%) are weak.

By stock, 342 stocks are rising, 511 stocks are falling, and 77 stocks are unchanged. Among the top 10 companies by market capitalization, Samsung Electronics (1.49%), SK Hynix (0.22%), Samsung Biologics (0.96%), Celltrion (3.86%), and POSCO Holdings (0.48%) are on the rise. Samsung Electronics hit a 52-week high for the second consecutive day. On the other hand, LG Energy Solution (-1.12%), Hyundai Motor (-1.27%), Kia (-0.36%), and Samsung SDI (-2.93%) are slightly down. Hanmi Science, which ended its management dispute the day before, plunged 10.26%.

The U.S. stock market closed mixed ahead of the release of the February Personal Consumption Expenditures (PCE) price index. Positive investor sentiment continued following better-than-expected U.S. Q4 Gross Domestic Product (GDP) and favorable employment data.

The KOSDAQ index is trading at 913.22, up 3.17 points (0.35%).

By investor type, individuals bought 47.6 billion KRW, institutions bought 17.5 billion KRW, and foreigners sold 59.6 billion KRW.

768 stocks are rising, 758 stocks are falling, and 119 stocks are unchanged. Among the top market cap stocks showing mixed trends, Celltrion Pharm (2.41%), Rainbow Robotics (3.13%), and EO Technics (12.30%) continue their upward momentum. In contrast, the 'leading stocks' Ecopro BM (-0.54%) and Ecopro (-2.89%) are declining.

Park Gwangnam, a researcher at Mirae Asset Securities, said, "With Samsung Electronics settling at 80,000 KRW amid expectations of improved earnings due to rising NAND prices, attention is focused on whether the semiconductor-led rally can continue."