KOSPI Slightly Rises on Foreign Net Buying... "Samsung Electronics Remains Steady"

The KOSPI is slightly rising due to net buying by foreigners. Samsung Electronics, which surged due to the effect of share buybacks, is moving within a stable range on this day.

Yonhap News

As of 9:33 a.m. on the 19th, the KOSPI recorded 2,474.91, up 5.84 points (0.24%) compared to the previous trading day.

On the 18th (local time) in the New York stock market, the Dow Jones Industrial Average, centered on blue-chip stocks, closed at 43,389.6, down 55.39 points (0.13%) from the previous trading day. The S&P 500 index, focused on large-cap stocks, rose 23 points (0.39%) to 5,893.62. The Nasdaq index, centered on tech stocks, closed at 18,791.81, up 111.68 points (0.6%).

By stock, Tesla rose while Nvidia fell. Tesla rose 5.62% following foreign media reports that Donald Trump, the President-elect of the United States, is seeking to ease regulations on autonomous vehicles. On the other hand, Nvidia fell 1.29% amid news that its latest AI chip, Blackwell, is experiencing server overheating issues.

Han Ji-young, a researcher at Kiwoom Securities, said, "Uncertainty over U.S. interest rates and Nvidia's earnings scheduled for later this week could cause stock price volatility, especially in the U.S. stock market where valuation pressures have increased. Although the domestic stock market may face limitations in its rebound momentum, it is necessary to avoid strategies that further expand pessimistic positions during this process."

By investor type, foreigners and individuals are net buyers of 33.2 billion KRW and 36.1 billion KRW, respectively. Institutions are net sellers of 72.5 billion KRW.

By sector, transportation and warehousing, food and beverages, services, and pharmaceuticals are rising more than 1%. Conversely, insurance, steel and metals, and textiles and apparel are slightly declining.

Among the top market capitalization stocks, Samsung Electronics, which had surged due to share buybacks, is stable, recording 57,000 KRW, up 300 KRW (0.53%) from the previous trading day. Samsung Biologics rose 1.42%. Meanwhile, Samsung Life Insurance fell 2.02%, and SK Hynix and Hyundai Mobis also showed slight declines.

The KOSDAQ recorded 687.75, down 1.80 points (0.26%) from the previous trading day.

By investor type, foreigners and institutions are net sellers of 76.7 billion KRW and 2.8 billion KRW, respectively. In contrast, individuals are net buyers of 88.1 billion KRW.

By sector, entertainment and culture rose 3.08%, and medical precision instruments are up 1.75%. Conversely, non-metal and pharmaceuticals are down more than 1%.

Among the top market capitalization stocks, Alteogen is trading at 407,500 KRW, unchanged from the previous trading day. HLB fell 9.48%, and HPSP also declined 5.02%. On the other hand, Classys rose 3.83%, and Samchundang Pharmaceutical and Celltrion Pharmaceutical rose more than 2%.