The KOSPI rebounded from the sharp decline the previous day and regained the 2500 level. However, foreign and institutional investors switched from net buying to net selling, preventing the early gains from being maintained.
On the 6th, as the KOSPI index surged sharply in the early session, triggering a sidecar (temporary suspension of program buy orders) and continuing its upward trend, the KOSPI and KOSDAQ indices were displayed in the KB Securities dealing room in Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@
On the 6th, the KOSPI closed at 2522.15, up 80.60 points (3.30%) from the previous trading day.
On that day, the KOSPI opened at 2533.34, up 3.76% from the previous trading day. By 10 a.m., with both foreign and institutional investors net buying, the KOSPI rose to 2578.77, even aiming to recover the 2600 level. However, as foreign investors switched to net selling and institutions followed suit, the gains were given back, and the index fell to as low as 2491.47.
By investor type, foreign and institutional investors net sold 204.7 billion KRW and 322.2 billion KRW, respectively. In contrast, individual investors net bought 455.5 billion KRW.
Among most sectors, Medical Precision recorded the highest increase at 6.53%. Chemicals, Machinery, and Transportation Equipment also rose more than 5%. Steel & Metals increased by 4.25%, and Electricity & Gas rose by 3.86%. On the other hand, Telecommunications fell by 0.35%.
Among the top market capitalization stocks, Samsung Electronics closed at 72,500 KRW, up 1,100 KRW (1.54%) from the previous trading day. Kia and LG Chem rose more than 6%, and POSCO Holdings also jumped 5.09%. Additionally, SK Hynix, LG Energy Solution, Samsung Biologics, and Samsung SDI all increased by more than 4%. Conversely, Celltrion fell by 0.27%.
On that day, a total of 856 stocks rose on the KOSPI, including Hanyang Securities Preferred, which hit the upper price limit. There were no stocks hitting the lower price limit, 73 stocks declined, and 7 stocks remained unchanged.
The KOSDAQ closed at 732.87, up 41.59 points (6.02%) from the previous trading day.
By investor type, foreign and institutional investors net bought 354.7 billion KRW and 125.1 billion KRW, respectively. In contrast, individual investors net sold 491.3 billion KRW.
By sector, Finance rose 9.51%, while General Electric & Electronics, Chemicals, Non-metallic, and Metals also increased by 6%. Machinery Equipment and Pharmaceuticals rose more than 5%. Publishing & Reproduction and Transportation Equipment Parts also rose more than 4%.
Among the top market capitalization stocks, EcoPro BM closed at 181,000 KRW, up 16,100 KRW (9.76%) from the previous trading day. Silicon투 surged 15.17%, and Ligachem Bio, EcoPro, and Lino Industrial recorded increases in the 10-13% range.
On the KOSDAQ, a total of 1,521 stocks rose, including three stocks such as Speco and DXVX that hit the upper price limit. Without any stocks hitting the lower price limit, 115 stocks declined, and 20 stocks remained unchanged.
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