The KOSPI index closed higher, supported by net buying from foreign investors.
On the 14th, the KOSPI index closed at 2644.5, up 23.0 points (0.88%) from the previous day. Trading volume was 321.36 million shares, and the trading value was tentatively estimated at 8.6417 trillion won.
By investor type, institutions and individuals net sold 114.2 billion won and 316 billion won respectively, while foreigners net bought 391.9 billion won. Program trading saw net selling of 11.8 million won in arbitrage trading and net buying of 158.9 billion won in non-arbitrage trading.
Supported by the strong performance of the New York stock market the previous day, the KOSPI index started higher and continued its upward trend throughout the session with steady net buying from foreign investors.
Most sectors rose. The machinery sector rose 2.56%, steel and metals 1.86%, electrical and electronics 1.77%, textiles and apparel 1.64%, chemicals 1.64%, manufacturing 1.35%, paper and wood 1.02%, construction 0.64%, securities 0.59%, transportation and warehousing 0.33%, and electricity and gas 0.32%. On the other hand, the insurance sector plunged 5.24%, while finance fell 0.39%, medical precision 0.13%, and distribution 0.06%.
Top market capitalization stocks showed mixed movements. Samsung Electronics and SK Hynix closed up 1.45% and 2.64% respectively, while LG Energy Solution rose 2.28%, Celltrion 0.99%, and POSCO Holdings 2.47%. Conversely, Samsung Biologics fell 0.75%, Hyundai Motor -0.82%, Kia -0.49%, KB Financial -0.24%, and Shinhan Financial Group -0.9%.
On the same day, the KOSDAQ index recorded a rise of over 1%, supported by net buying from institutions and foreigners. The KOSDAQ index closed at 776.83, up 11.97 points (1.56%) from the previous day. By investor type, institutions and foreigners net bought 800 million won and 82.6 billion won respectively, while individuals net sold 80.3 billion won.
Among the top market capitalization stocks, more stocks rose. EcoPro BM and EcoPro rose 3.1% and 0.67% respectively, HLB 0.94%, Enchem 10.78%, Hugel 2.52%, Lino Industrial 2.92%, Classys 1.71%, and Pearl Abyss 1.57%. On the other hand, Samchundang Pharmaceutical recorded a slight decline of 0.26%, RIGAChemBio -2.05%, Celltrion Pharm -0.64%, and Silicon Two -4.84%. Alteogen remained flat.
Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate closed at 1360.0 won, down 6.5 won from the previous day.
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