The KOSPI is showing a flat trend around the 3,190 level. Foreign investors and institutions are alternating between net selling and net buying, failing to establish a clear direction.
As of 9:48 a.m. on July 28, the KOSPI stood at 3,196.76, up 0.71 points (0.02%) from the previous trading day.
The index opened at 3,228.61, up 1.02% from the previous trading day. In early trading, both foreign investors and institutions recorded net selling, pulling the index down and causing it to briefly turn negative. However, as they switched back to net buying, the index recovered its losses and resumed an upward trend.
By investor type, foreign investors and institutions recorded net purchases of 14 billion won and 30.1 billion won, respectively. In contrast, individual investors recorded net sales of 50 billion won.
By sector, electricity·gas is up by 3.38%. In addition, electricity·electronics and transportation equipment·parts are both rising by more than 1%. On the other hand, securities is down by 4.20%, and insurance is also down by 3.66%. Machinery·equipment and transportation·storage are both falling by more than 2%, while entertainment·culture and textiles·apparel are both down by more than 1%.
Among large-cap stocks, Samsung Electronics is trading at 67,700 won, up 1,800 won (2.73%) from the previous session, following news of a large-scale foundry (semiconductor contract manufacturing) deal worth 23 trillion won with a global company. Hanwha Ocean is up 7.22%, HD Hyundai Heavy Industries is up 5.29%, and LG Energy Solution has also jumped 4.68%. In contrast, KB Financial Group is down 4.12%, while Doosan Enerbility and Shinhan Financial Group are both down by more than 3%.
The KOSDAQ stood at 803.62, down 3.33 points (0.41%) from the previous trading day.
By investor type, foreign investors and institutions recorded net sales of 12.3 billion won and 39.2 billion won, respectively. In contrast, individual investors recorded net purchases of 61.1 billion won.
By sector, transportation·storage is down by 2.40%, while entertainment·culture, food·beverages·tobacco, and pharmaceuticals are all down by more than 1%. In contrast, machinery·equipment and transportation equipment·parts are showing slight gains.
Among large-cap stocks, Alteogen traded at 464,000 won, up 2,000 won (0.43%) from the previous session. In addition, Leeno Industrial is up 1.53%. On the other hand, Kolon TissueGene is down 5.79%, while Samchundang Pharm and PharmaResearch are down 4.13% and 3.41%, respectively. Rainbow Robotics, ABL Bio, Classys, and HLB are all down by more than 1%.
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