KOSPI Rises Nearly 1% on Institutional Net Buying... Recovers to 2470 Level

The KOSPI index rose nearly 1%, recovering to the 2470 level, supported by net buying from institutional investors.

On the 17th, the KOSPI showed a firm upward trend in the early session, supported by net purchases from institutional investors. Reporters are monitoring the stock market situation in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. On the same day, the USD-KRW exchange rate opened at 1,416 won, down 10.7 won from the previous trading day. The exchange rate in the 1,410 won range is the lowest level this year based on the closing price. April 17, 2025. Photo by Kang Jin-hyung

On the 17th, the KOSPI closed at 2470.41, up 22.98 points (0.94%) from the previous trading day.

By investor type, institutions drove the index up with net purchases of 345.7 billion KRW. In contrast, individual investors sold 87 billion KRW net, and foreigners also sold 351 billion KRW net.

By sector, machinery and equipment rose 3.07%, while medical and precision, pharmaceuticals, and textiles and apparel increased by more than 2%. Transportation equipment and parts, as well as chemicals, also rose over 1%. Meanwhile, transportation and warehousing, electricity and gas, and distribution sectors saw slight declines.

Among the top market capitalization stocks, Samsung Electronics closed at 55,100 KRW, up 400 KRW (0.73%) from the previous trading day. Samsung Biologics, Hanwha Aerospace, and HD Hyundai Heavy Industries rose more than 3%. On the other hand, Shinhan Financial Group fell 1.36%.

On this day’s KOSPI market, 641 stocks rose, including two stocks hitting the upper price limit such as Heungkuk Fire & Marine Insurance Preferred and TY Holdings Preferred. Meanwhile, 225 stocks declined without hitting the lower limit, and 68 stocks remained unchanged.

The KOSDAQ index closed at 711.75, up 12.64 points (1.81%) from the previous trading day.

By investor type, foreigners and institutions were net buyers of 95.2 billion KRW and 47.2 billion KRW respectively. Conversely, individual investors sold 141.5 billion KRW net.

By sector, entertainment and culture surged 4.18%, and machinery and equipment rose 2.05%. Chemicals, textiles and apparel, transportation equipment and parts, pharmaceuticals, non-metallic minerals, electrical and electronics, metals, and medical and precision instruments all increased by more than 1%. Meanwhile, other manufacturing declined 1.46%.

Among the top market capitalization stocks, Alteogen closed at 376,000 KRW, down 9,500 KRW (2.59%) from the previous trading day. Peptron rose 5.87%, while HLB, Rainbow Robotics, and Hugel increased more than 3%. Additionally, Classys and Rigacymbio also rose more than 1%.

In the KOSDAQ market, 1,199 stocks rose, including seven stocks hitting the upper price limit such as Mr. Blue, Xperix, and CGtronics. Meanwhile, 407 stocks declined, including Bridge Biotherapeutics which hit the lower price limit, and 102 stocks remained unchanged.