“Only individual investors are selling”... KOSPI holds above 5,200 as institutions, foreign investors and companies buy shares [fn Afternoon Market Update]

[Financial News] KOSPI is holding above 5,200 as institutions and foreign investors buy shares, with share buybacks also continuing.
According to the Korea Exchange (KRX), as of 1:50 p.m. on the 10th, KOSPI was trading at 5,213.93, up 195.08 points (3.89%) from the previous trading day. KOSPI opened at 5,247.22, up 228.37 points (4.55%) from the previous session.
On the main board, institutions and foreign investors were net buyers of 408.2 billion won and 118 billion won, respectively. Other corporations, primarily through treasury-share purchases, were buying 389.6 billion won worth of shares. Individual investors, by contrast, were the only net sellers, offloading 910.8 billion won.
Among the largest companies by market capitalization, AI-related large-cap stocks including Samsung Electronics Co., Ltd. (4.42%), SK hynix (6.87%), SK Square (4.57%) and Samsung Electro-Mechanics (4.27%) were showing strength. LG Energy Solution (3.62%), Hyundai Motor Company (0.92%), KB Financial Group (0.99%) and Samsung Life Insurance (2.74%) were also rising. Samsung Biologics (-2.52%), Celltrion (-1.79%), Shinhan Financial Group (-0.23%) and Kia (-0.93%) were weaker.
Most sectors were up, with the biggest gains, in order, in medical and precision instruments (8.73%), machinery and equipment (6.67%), construction (6.11%), electrical and electronics (5.33%), manufacturing (4.55%) and metals (4.22%). Real estate (-1.64%), food and beverages and tobacco (-1.23%), and pharmaceuticals (-1.12%) were lower.
At the same time, KOSDAQ (Korea Securities Dealers Automated Quotations) was trading at 660.93, up 21.96 points (3.44%) from the previous session. KOSDAQ opened at 661.73, up 22.76 points (3.56%) from the previous session.
On KOSDAQ, institutions and individual investors were buying shares worth 135 billion won and 10.2 billion won, respectively. Foreign investors were selling shares worth 132.8 billion won.
[email protected] Im Sang-hyeok Reporter