The KOSPI index closed slightly higher, driven by net buying from foreigners and individual investors.
On the 2nd, the KOSPI index ended trading at 2681.0, up 6.69 points (0.25%) from the previous day. The trading volume was 262.47 million shares, and the trading value was tentatively estimated at 8.5502 trillion won.
By investor type, institutions were net sellers with 416 billion won, while foreigners and individuals were net buyers with 238.7 billion won and 158.4 billion won respectively, supporting the index's rise. Program trading saw net selling of 356.8 billion won in arbitrage trading and 26.5 billion won in non-arbitrage trading.
The KOSPI index, which started the day higher, was unable to extend its gains due to strong selling pressure from institutions and maintained a flat trend.
Sector-wise, performance was mixed. Steel and metals rose 3.63%, insurance 1.51%, chemicals 1.46%, electrical and electronics 1.23%, telecommunications 0.62%, securities 0.46%, manufacturing 0.39%, and finance 0.34%. On the other hand, medical precision fell 3.54%, transportation equipment -1.96%, pharmaceuticals -1.95%, machinery -1.54%, electric and gas utilities -1.46%, and non-metallic minerals -1.18% closed weaker.
Among the top market capitalization stocks, results were also mixed. Samsung Electronics and SK Hynix rose 0.13% and 0.17% respectively, while LG Energy Solution gained 6.19%, KB Financial Group 2.1%, POSCO Holdings 5.88%, and Shinhan Financial Group 0.36%. Conversely, Samsung Biologics fell 1.53%, Hyundai Motor -3.72%, Celltrion -2.91%, and NAVER -1.48% showed weakness.
On the day, 327 stocks rose, 536 stocks fell, and 73 stocks remained unchanged in the KOSPI market.
The KOSDAQ index also closed higher. The KOSDAQ index ended at 769.21, up 1.55 points (0.2%) from the previous day. By investor type, institutions and foreigners were net sellers of 55.4 billion won and 63.6 billion won respectively, while individuals were net buyers of 130.9 billion won.
Among the top market capitalization stocks, more stocks rose than fell. Notably, secondary battery-related stocks showed strong performance. EcoPro BM and EcoPro rose 8.02% and 5.26% respectively, and Enchem surged 12.01%. Alteogen gained 0.94%, HLB 0.45%, and Samchundang Pharmaceutical 0.44%. Conversely, Ligand Chem Bio fell 1.66%, Hugel -5.69%, and Rino Industrial -0.87% closed weaker.
Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate closed at 1338.1 won, up 0.6 won from the previous day.
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