KOSPI Continues Record-Breaking Rally... Institutions Net Buyers for Third Straight Day [Financial News Afternoon Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) extended its gains for an eighth consecutive trading session, supported by net buying from institutional investors.
As of 1:38 p.m. on the 13th, the KOSPI was trading at 4,653.39, up 28.60 points (0.62%) from the previous session.
The KOSPI opened the day at 4,662.44, up 37.65 points (0.81%) from the previous session.
In the KOSPI Market, institutional investors bought 528.1 billion won worth of shares, marking a net buying trend for the third straight session. In contrast, retail investors sold 186.4 billion won and foreign investors sold 518.0 billion won.
Most large-cap stocks by market capitalization were strong. Hyundai Motor Company was trading at 400,500 won, up 9.13% from the previous session.
By sector, metals (6.33%), electricity and gas (6.07%), and transportation equipment and parts (5.79%) were among the strongest performers.
The KOSDAQ Index was trading at 943.55, down 6.26 points (0.66%) from the previous session.

dschoi@fnnews.com Choi Doo-seon Reporter