KOSPI Composite Index Edges Higher Ahead of 7,000; KOSDAQ Falls 0.48% [fn Afternoon Market]

[Financial News] The KOSPI Composite Index is holding slightly above flat after approaching the 7,000 level during the session. KOSDAQ, which surged the previous day, has turned lower.
As of 2:30 p.m. on the 2nd, the KOSPI Composite Index stood at 6,974.94, up 3.59 points, or 0.05%, from the previous trading session. It extended its modest advance after rising 1.95% the previous day.
The KOSPI Composite Index opened at 6,938.27, down 0.47% from the previous session, and fell as low as 6,927.88 before rebounding. It briefly climbed to 6,999.27, coming within reach of the 7,000 level, but later gave up some of its gains.
Chemicals led the sector gains, advancing 2.68%. Metals rose 1.19%, telecommunications gained 1.00%, and textiles and apparel climbed 0.79%. Mid-cap and small-cap stocks rose 0.55% and 0.22%, respectively, outperforming large-cap stocks.
Large semiconductor stocks moved in opposite directions. Samsung Electronics was trading at 274,750 won, down 0.45% from the previous trading session. SK hynix was trading at 1,837,000 won, up 0.22%.
KOSDAQ stood at 890.02, down 4.27 points, or 0.48%, from the previous trading session.

[email protected] Choi Doo-sun Reporter