'Foreigners and Institutions Net Buyers' KOSPI Rises by 1%..3170 Level [fn Morning Market]

[Financial News] The KOSPI index is showing a rise of 1% in early trading on the 22nd, supported by net buying from foreigners and institutional investors.
As of 10 a.m. that day, the KOSPI is trading at 3174.53, up 32.79p (1.04%) from the previous session.
The index started trading at 3165.41, up 0.75% from the previous trading day, and is increasing its gains.
In the stock market, foreigners and institutions are net buying 1437 billion KRW and 483 billion KRW respectively, while individuals are selling around 2000 billion KRW, showing a selling dominance.
Among the top market cap stocks, Samsung Electronics and SK Hynix are also showing a rise of 1%, trading at 71,500 KRW and 247,500 KRW respectively. Hanwha Aerospace (5.64%), Hyundai Rotem (5.24%), and Samsung C&T (4.19%) are also showing strong gains of 4-5%.
By sector, metals (2.81%), transportation equipment and parts (2.63%), and distribution (1.67%) are on the rise. On the other hand, medical and precision instruments (-0.34%) are weak.
At the same time, the KOSDAQ index is 783.32, up 6.08p (0.78%) from the previous session. The index opened at 778.77, up 0.20% from the previous trading day.
In the KOSDAQ market, foreigners and institutions are net buying 386 billion KRW and 81 billion KRW respectively, while individuals are net selling 375 billion KRW.
Among the top market cap stocks, Alteogen (1.36%), Peptron (0.31%), and PharmaResearch (1.76%) are rising, while Ecopro BM and Ecopro are weak by 1%.

elikim@fnnews.com Kim Mi-hee Reporter