KOSPI Recovers 3,600 Mark on Foreign and Institutional Buying [fn Morning Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) regained the 3,600 level on the morning of the 15th, supported by strong buying from foreign and institutional investors.
As of 10:30 a.m., KOSPI was trading at 3,611.51, up 1.40% from the previous session. The index opened at 3,580.64, a 0.53% increase, and continued to climb during the morning session, reaching above the 3,610 mark.
In the KOSPI Market, foreign investors and institutional investors recorded net purchases of 32.9 billion won and 238.1 billion won, respectively. Meanwhile, individual investors were net sellers of 273.3 billion won.
Among the top market cap stocks, Samsung Electronics (up 1.64%), Samsung Biologics (up 8.08%), and Doosan Enerbility (up 6.86%) showed strong performances.
On the other hand, LG Energy Solution (down 0.78%) and Hyundai Motor (down 0.90%) declined.
By industry, machinery (up 5.19%), construction (up 4.54%), pharmaceuticals (up 4.35%), and electricity & gas (up 3.07%) sectors were on the rise. In contrast, insurance (down 2.25%) was weaker.
At the same time, the Korean Securities Dealers Automated Quotations (KOSDAQ) index was trading at 856.69, up 1.03% from the previous session.
In the KOSDAQ market, individual and institutional investors bought a net 62.8 billion won and 19.6 billion won, respectively, while foreign investors were net sellers of 75.6 billion won.
hippo@fnnews.com Chan-mi Kim Reporter