KOSPI Rises as Foreign and Institutional Investors Buy In [fn Morning Market Report]

[Financial News] On the 2nd, the Korea Composite Stock Price Index (KOSPI) is trending upward, driven by buying from foreign and institutional investors.
As of 11:05 a.m., the KOSPI is trading at 3,974.80, up 54.43 points (1.39%) from the previous session. The index opened at 3,939.09, an increase of 18.72 points (0.48%) from the previous day.
In the domestic stock market, individual investors have sold shares worth 782.7 billion won, while foreign and institutional investors have purchased 437.7 billion won and 376.5 billion won, respectively.
Among the top 14 stocks by market capitalization, Hyundai Motor (up 4.52%), KB Financial Group (up 3.72%), SK hynix (up 3.35%), and Kia Corporation (up 3.29%) are showing strong performances.
Samsung Electronics, the largest company by market capitalization on the KOSPI, is trading at 102,700 won, up 1.88% from the previous session.
On the other hand, Hanwha Aerospace (down 1.48%), Celltrion (down 1.13%), and Doosan Enerbility (down 0.27%) are declining.
The KOSDAQ Index is trading at 923.27, up 0.89 points (0.10%) from the previous session. The index opened at 921.37, down 1.01 points (0.11%) from the previous day, but later reversed to positive territory.


khj91@fnnews.com Hyun-jung Kim Reporter