KOSPI Closes at 4,110 as Upward Momentum Slows, Gains 0.28%

Supported by net buying from foreigners and institutions, the Korea Composite Stock Price Index (KOSPI) rose to the 4,140 level in the morning but pared gains to close slightly higher.
According to the Korea Exchange (KRX), the KOSPI ended trading at 4,117.32, up 11.39 points (0.28%) from the previous session. The index opened at 4,127.40, up 0.52% from the prior day, and climbed as high as 4,140.84 during the session. However, increased individual buying led the KOSPI to close near the 4,110 mark.
In the KOSPI Market, foreigners and institutions recorded net purchases of 925.4 billion won and 388.8 billion won, respectively, while individuals posted net sales of 1.2884 trillion won.
By sector, entertainment/culture (2.75%), transportation equipment/parts (1.96%), and securities (1.49%) showed strong performance, while textiles/apparel (-2.03%), metals (-1.23%), and electricity/gas (-1.20%) declined.
Among large-cap stocks, Hanwha Ocean (12.76%), HD Hyundai Heavy Industries (3.50%), and Samsung Life Insurance (2.31%) advanced, while Shinhan Financial Group (-2.29%), Samsung C&T (-1.64%), and Celltrion (-1.14%) retreated.
On the same day, the Korea Securities Dealers Automated Quotations (KOSDAQ) closed at 919.56, down 9.58 points (-1.03%) from the previous session. Individuals and institutions recorded net purchases of 235.3 billion won and 47.2 billion won, respectively, while foreigners posted net sales of 193.1 billion won.
Jungeun Lim, a researcher at KB Securities, explained, "Although the KOSPI extended its three-day winning streak, upward momentum slowed due to the burden of a weaker won. Most of the foreign and institutional buying was concentrated in semiconductors."


koreanbae@fnnews.com Bae Han-geul Reporter