KOSPI Closes Up Over 1%... Institutions Net Buy 900 Billion Won

On the 12th, the Korea Composite Stock Price Index (KOSPI) closed with a gain of over 1%, driven by strong performances in securities stocks. While major semiconductor stocks such as Samsung Electronics Co., Ltd. and SK hynix weakened, the securities sector surged 5.7%, leading the index higher. The Korean Securities Dealers Automated Quotations (KOSDAQ) also rose 2.5%, showing strong momentum.
On this day, the KOSPI finished trading at 4,150.39, up 44.00 points (1.07%) from the previous session.
In the KOSPI Market, individuals and foreign investors recorded net sales of 446.6 billion won and 428.1 billion won, respectively. Institutions net purchased 912.7 billion won, helping to support the index.
Major semiconductor stocks, Samsung Electronics Co., Ltd. (-0.39%) and SK hynix (-0.32%), both closed lower at 103,100 won and 617,000 won, respectively.
By sector, securities (5.71%), metals (3.93%), and insurance (3.84%) saw notable gains, while electricity & gas (-3.10%) and electrical & electronics (-0.17%) declined.
The KOSDAQ also ended the session at 906.51, up 22.24 points (2.52%) from the previous day. In the KOSDAQ market, individuals net sold 361.7 billion won, while foreign investors and institutions net bought 244.1 billion won and 123.4 billion won, respectively.

elikim@fnnews.com Kim Mi-hee Reporter