KOSPI Holds Above 4,040 on Institutional Buying; KOSDAQ at 911 [fn Afternoon Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) is trading above the 4,040 mark on the 17th.
As of 3 p.m., the KOSPI stood at 4,046.47, down 47.34 points (1.18%) from the previous trading day. The index opened at 4,019.43, up 0.51% from the previous session, and has maintained an upward trend.
In the KOSPI Market, institutions are net buyers of 317.4 billion won. Meanwhile, individuals and foreign investors are net sellers of 324 billion won and 22.8 billion won, respectively.
By sector, electrical and electronics (up 3.61%), textiles and apparel (up 8.26%), manufacturing (up 2.07%), non-metallics (up 1.68%), and electricity and gas (up 1.64%) are showing strength. In contrast, securities (down 2.00%), machinery and equipment (down 1.30%), and pharmaceuticals (down 1.21%) are weaker.
Among large-cap stocks, Samsung Electronics (up 5.06%), SK hynix (up 4.15%), KB Financial Group (up 0.57%), and Kia Corporation (up 0.33%) are rising. On the other hand, LG Energy Solution (down 0.60%), Samsung Biologics (down 1.79%), HD Hyundai Heavy Industries (down 1.15%), and Doosan Enerbility (down 1.94%) are declining.
At the same time, the Korea Securities Dealers Automated Quotations (KOSDAQ) index is trading at 911.13, down 4.98 points (0.54%) from the previous session. The index opened at 922.03, up 0.65%, but has since turned downward.
In the KOSDAQ market, individuals and institutions are net buyers of 266.7 billion won and 6.9 billion won, respectively, while foreign investors are net sellers of 220.9 billion won.

yimsh0214@fnnews.com Im Sang-hyuk Reporter