Rising steadily since market open, near 2440
SK Hynix, NAVER, LG Energy Solution up over 3%
KOSDAQ gains nearly 2%, close to reclaiming 700 level
The KOSPI, which had been declining for five consecutive trading days, succeeded in rebounding and reclaimed the 2440 level during the session. Unlike the bowed start on the first trading day of the new year, buying momentum is strongly flowing in.
As of 10:19 a.m. on the 3rd, the KOSPI is trading at 2445.24, up 46.30 points (1.93%) from the previous trading day. The KOSPI opened at 2402.58, up 3.64 points from the previous day, and has steadily expanded its gains since the market opened.
By investor type, foreigners are net buyers with 203.9 billion KRW, and institutions are net buyers with 104.8 billion KRW. Foreigners switched from selling to buying positions for the first time in four trading days. Meanwhile, individuals are the sole net sellers with 328.2 billion KRW.
By sector, Chemicals rose 4.19%, IT Services 3.56%, Electrical & Electronics 2.95%, Manufacturing 2.07%, and Medical Precision 1.93%, all outperforming the index. Only Transportation Parts (-0.06%) and Food, Beverage & Tobacco (-0.02%) are declining.
695 stocks are rising, 195 stocks are falling, and 50 stocks are unchanged. Among the top 10 stocks by market capitalization, all are rising except Kia (-1.38%). SK Hynix is up 5.08%, LG Energy Solution 3.18%, and NAVER 3.97%, with these three stocks showing particularly strong performance.
The U.S. stock market closed lower on the first trading day of the new year. Weakness was due to Tesla’s poor earnings and Apple’s downward revision of its outlook.
The KOSDAQ index is trading at 699.34, up 12.71 points (1.85%) from the previous day.
By investor type, institutions are net buyers with 24.3 billion KRW. Meanwhile, individuals and foreigners are net sellers with 7.1 billion KRW and 20 billion KRW, respectively.
1,195 stocks are rising, 421 stocks are falling, and 87 stocks are unchanged. Among the top 10 stocks by market capitalization, all are rising except Hugel, which is unchanged. Notably, about half of the stocks show gains exceeding 3%, including EcoPro BM 7.11%, EcoPro 9.42%, Rainbow Robotics 3.55%, Samchundang Pharm 3.71%, and Rino Industrial 3.54%.
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