The KOSPI rebounded above the 4,030 level, rising more than 1%. The rally was driven by foreigners and institutions shifting from net sellers to net buyers.
On the 3rd, the KOSPI closed at 4036.30, up 1.04% from the previous trading day. Photo by Shinhan Bank.
On the 3rd, the KOSPI closed at 4,036.30, up 41.37 points (1.04%) from the previous trading day.
The index opened at 4,010.26, up 0.38% from the previous session, but briefly turned downward to 3,987.76 due to net selling by both foreigners and institutions. However, as institutions and then foreigners switched to net buying, the KOSPI widened its gains and ultimately finished trading above the 4,030 mark.
By investor type, foreigners and institutions were net buyers of 84.5 billion won and 703.4 billion won, respectively. In contrast, individuals were net sellers of 785.3 billion won.
By sector, retail rose by 4.40%, while machinery & equipment and construction each climbed more than 3%. Telecommunications, transportation equipment & parts, and others jumped more than 2%, while securities, medical & precision equipment, and nonmetallic minerals also gained over 1%. In contrast, entertainment & culture fell by 1.18%.
Among large-cap stocks, Samsung Electronics closed at 104,500 won, up 1,100 won (1.06%) from the previous trading day. Samsung C&T surged by 9.35%, while Hanwha Aerospace and Doosan Enerbility jumped by 5.10% and 4.53%, respectively. On the other hand, SK Hynix and Shinhan Financial Group each fell by more than 1%.
On the KOSPI, 656 stocks rose, including four that hit the daily upper limit such as Chunil Express, Dongyang Express, and Hanshin Engineering & Construction. A total of 228 stocks declined, with none hitting the lower limit. Forty-four stocks ended unchanged.
The KOSDAQ closed at 932.01, up 3.59 points (0.39%) from the previous session.
By investor type, foreigners and institutions were net sellers of 55.1 billion won and 17.2 billion won, respectively. In contrast, individuals were net buyers of 152.6 billion won.
By sector, construction rose by 2.14%. Transportation equipment & parts, machinery & equipment, textiles & apparel, and metals each gained more than 1%. In contrast, publishing & media reproduction and medical & precision equipment each fell by more than 1%.
Among large-cap stocks, Alteogen closed at 522,000 won, up 1,000 won (0.19%) from the previous session. Voronoi also rose by 2.68%. On the other hand, HLB dropped by 4.14%. In addition, Ecopro BM, LIG ChemBio, Peptron, and Caregen each fell by more than 1%.
On the KOSDAQ, 1,025 stocks rose, including five that hit the daily upper limit such as Link Solution. A total of 594 stocks declined, with none hitting the lower limit, and 119 stocks ended unchanged.
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