KOSPI Closes Around 5,450 on Institutional Buying [fn Closing Market Report]

[The Financial News] The Korea Composite Stock Price Index (KOSPI) managed to hold the 5,450 level on the 6th, supported by institutional buying.
The KOSPI closed at 5,450.33, up 73.03 points (1.36%) from the previous session. It opened at 5,423.35, 46.05 points (0.86%) higher than the previous close.
In the Stock Market Division of the Korea Exchange, retail investors and foreign investors sold 1.0495 trillion won and 156.2 billion won worth of shares, respectively.
In contrast, institutional investors alone bought 836.5 billion won, helping to support the index.
Samsung Electronics, the largest stock by market capitalization, ended at 193,100 won, up 3.71% from the previous trading day.
Among the top 14 stocks by market capitalization, LG Energy Solution (3.51%), Samsung Life Insurance (2.26%), and KB Financial Group (1.65%) posted the biggest gains after Samsung Electronics. On the other hand, HD Hyundai Heavy Industries (-1.77%), Doosan Enerbility (-0.93%), and Hyundai Motor Company (-0.42%) recorded the steepest declines.
The KOSDAQ Index closed at 1,047.37, down 16.38 points (1.54%) from the previous session. It opened at 1,068.33, up 4.58 points (0.43%), but later reversed course and fell.

khj91@fnnews.com Kim Hyun-jung Reporter