Agency 'Saja' Personal & Foreign 'Palja'
Cosmetics and China-Related Stocks Rally
Mixed Reactions to 'Value-Up Index'
The KOSPI index has been rising for seven consecutive trading days.
As of 11:19 AM on the 5th, KOSPI is trading at 2635.62, up 0.15% (3.94 points) from the previous close. KOSPI opened at 2652.71, up 21.03 points from the previous trading day, reached an early session high of 2663.36, and is fluctuating around the 2630 to 2650 range.
By investor type, institutions are solely driving the index by purchasing 475.7 billion KRW. Individuals are net selling 204.5 billion KRW, and foreigners are net selling 251.9 billion KRW.
526 stocks are rising, 344 stocks are falling, and 63 stocks are unchanged. Among the top 10 stocks by market capitalization, SK Hynix (2.63%) shows the highest increase. This is interpreted as influenced by Nvidia's nearly 4% rise in the US stock market overnight. Samsung Electronics (0.95%) and LG Energy Solution (0.73%) are also rising. On the other hand, KB Financial, which was removed from the 'Value-Up Index,' is down 3.78%. Additionally, Chinese-related stocks are also active due to China's economic stimulus measures. In particular, cosmetics stocks with strong influence in the Chinese market are representative. The two leading domestic cosmetics companies, Amorepacific and LG Household & Health Care, are up 10.42% and 7.04%, respectively.
The US stock market closed higher across the board the previous day. The Dow and S&P 500 indices reached all-time highs. Although concerns about employment remain in consumer indicators, the market maintains a positive atmosphere due to interest rate cuts, China's economic stimulus, and Nvidia's rebound.
The KOSDAQ index is trading at 770.12, up 0.36% (2.77 points) from the previous day.
By investor type, individuals are buying 43.9 billion KRW, while foreigners and institutions are selling 13.4 billion KRW and 25.1 billion KRW, respectively.
1,106 stocks are rising, 454 stocks are falling, and 116 stocks are unchanged. Among the top 10 stocks by market capitalization, all are declining except Rigacembio (0.29%) and Rino Industrial (1.63%). Alteogen (-2.69%), Classys (-2.54%), and Samchundang Pharmaceutical (-3.99%) are showing around 3% weakness. KOSDAQ is also seeing strength in Chinese-related stocks. Among 11 Chinese companies listed domestically, 10 are rising. Coloray and Hengsheng Group are hitting the daily upper limit.
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