KOSPI and KOSDAQ Rise Despite Foreigners' 'Selling'... Samsung Electronics Up Over 1%

SK Hynix Falling More Than 4%

The stock market, which opened one hour later on the CSAT day, saw the KOSPI index start with a slight increase, and Samsung Electronics, which had been declining, turned to an upward trend. A KOSDAQ listing ceremony for a company is taking place at the Korea Exchange Seoul Office. Photo by Heo Young-han

On the 14th, the Korean stock market started higher despite foreign selling pressure and is expanding its gains. Samsung Electronics, which was on the verge of falling below the "50,000 won mark" the previous day, is showing a rise of over 1%. On the other hand, SK Hynix is extending its losses, dropping more than 4%.

At 10:21 AM, the KOSPI was trading at 2,437.75, up 0.86% (20.67 points) from the previous day. The KOSPI opened at 2,430.26, up 0.55% (13.18 points) from the previous close.

Foreign investors, who influence market supply and demand, are net sellers with 137.7 billion KRW. Individuals and institutions are net buyers with 131.1 billion KRW and 19.8 billion KRW, respectively. In the futures market, foreigners and individuals are selling 53 billion KRW and 1.8 billion KRW, respectively, while institutions alone are buying 22.7 billion KRW.

Among the top 10 stocks by market capitalization, only SK Hynix is in the red with a decline of 1.07%. Celltrion is up 1.51%, LG Energy Solution up 1.46%, Samsung Electronics up 1.38%, and NAVER up 1.26% in order of highest gains.

At 10:25 AM, the KOSDAQ was at 696.18, up 0.95% (6.53 points) from the previous day. The KOSDAQ opened at 694.16, up 0.65% (4.51 points) from the previous close. Foreign investors alone are net sellers with 22.5 billion KRW, while individuals and institutions are net buyers with 6.6 billion KRW and 26.4 billion KRW, respectively.

Among the top 10 stocks by market capitalization on the KOSDAQ, only EcoPro BM and Enchem are down by 0.62% and 0.22%, respectively. Classys is up 3.25%, HLB up 2.33%, Hugel up 2.27%, and Ligachem Bio up 1.91% in order of gains.