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On the 31st, the stock market started with a rise as soon as it opened. The KOSPI rose by more than 20 points. Employees are working in the dealing room at the Seoul Hana Bank headquarters. Photo by Huh Younghan younghan@

On the 31st, the Korean stock market started with a slight gain. After three consecutive trading days of decline and a surge in stocks hitting 52-week lows, it is interpreted that bargain buying is flowing in.

As of 9:24 AM, the KOSPI is trading at 2651.99, down 0.63% (16.55 points) from the previous day. On this day, the KOSPI is pointing to 2657.87, down 0.85% (22.43 points) from the previous close.

Institutions alone are net buyers of 184.7 billion KRW, defending the index. Individuals and foreigners are net sellers of 146.4 billion KRW and 27.8 billion KRW, respectively. In the futures market, only foreigners are buying 435.6 billion KRW. Individuals and foreigners are selling 212.2 billion KRW and 222.4 billion KRW, respectively.

Among the top 10 stocks by market capitalization, only SK Hynix is down by 2.66%. LG Energy Solution is up 1.68%, Kia up 1.44%, Celltrion up 1.35%, and KB Financial up 1.14%.

As of 9:28 AM, the KOSDAQ is at 835.29, up 0.40% (3.30 points) from the previous day. The KOSDAQ started the day at 835.01, up 0.36% (3.02 points) from the previous close. Individuals and institutions are net buyers of 15 billion KRW and 9.6 billion KRW, respectively, while foreigners are net sellers of 17.2 billion KRW.

Among the top 10 stocks by market capitalization, the trend is mixed. HLB is up 2.28%, Classys up 1.35%, and Celltrion Pharm up 1.23% stand out with notable gains. On the other hand, Enchem is down 2.71%, Alteogen down 1.28%, Lino Industrial down 0.56%, and HPSP down 0.12%.