KOSPI Rises Over 1% on Net Buying by Foreigners and Institutions... Surpasses 2730 Level

The KOSPI recovered to the 2730 level as foreigners and institutions simultaneously engaged in net buying, driving the index higher.

As of 10:02 AM on the 4th, the KOSPI recorded 2738.48, up 32.51 points (1.20%) compared to the previous trading day.

By investor type, foreigners and institutions net bought 110 billion KRW and 175.7 billion KRW respectively. In contrast, individuals net sold 274.5 billion KRW.

By sector, electric power and gas rose 2.23%, and electrical and electronics also increased by 1.93%. Additionally, securities, telecommunications, and manufacturing sectors rose more than 1%. Meanwhile, transportation and warehousing, textiles and apparel, and construction sectors showed slight declines.

Among the top market capitalization stocks, Samsung Electronics traded at 85,300 KRW, up 1,200 KRW (1.43%) from the previous trading day. SK Hynix surged 4.13%, KB Financial Group and Shinhan Financial Group rose more than 3%, and Kia also increased by 2.26%. Hyundai Motor, Samsung SDI, and Samsung C&T also rose more than 1%.

The KOSDAQ recorded 888.09, up 8.13 points (0.92%).

By investor type, foreigners net sold 21.3 billion KRW, while individuals and institutions net bought 13.3 billion KRW and 20.3 billion KRW respectively.

By sector, semiconductors jumped 4.22%, and IT components, non-metallic minerals, paper and wood, information devices, chemicals, and machinery equipment rose more than 1%. Meanwhile, entertainment and culture, and transportation sectors showed slight declines.

Among the top market capitalization stocks, EcoPro BM traded at 246,000 KRW, up 500 KRW (0.20%). EO Technics surged 21.35%, and Dongjin Semichem and Enchem rose 4.14% and 3.00% respectively. On the other hand, Samchundang Pharm fell 3.75%, and Alteogen also declined 1.47%.