The KOSPI rebounded again on the day of institutional buying.
According to the Korea Exchange on the 25th, the KOSPI finished trading at 2617.22, up 11.35 points (0.44%) from the previous trading day. On this day, the KOSPI started at 2621.75, up 5.88 (0.61%) from the battlefield. Afterwards, it turned bearish during the day, but immediately rebounded and maintained an uptrend.
In the KOSPI, institutions alone made a net purchase of 512.8 billion won. Foreigners and institutions net sold 359 billion won and 166.3 billion won, respectively. In the program trading, arbitrage trading was a net purchase of 19.1 billion won and non-arbitrage trading was a net purchase of 32.6 billion won, showing a total buying advantage of 52.8 billion won.
The KOSPI transaction amount recorded 8,207.9 billion won, down 5.7% from the previous trading day (8.703 trillion won). The average daily trading value in the previous month was 13.38 trillion won.
Stocks with the highest market caps fluctuated. Samsung Electronics (005930), the blacksmith, closed the transaction at 66,400 won, down 100 won (0.15%) from the previous trading day. SK Hynix (000660) (-0.46%) also fell.
LG Energy Solutions (373220) (-2.74%) and LG Chem (051910) (-0.93%) fell. Samsung SDI (006400) (0.51%) rose.
Samsung Biologics (207940) (2.85%) and Celltrion (068270) (5.52%) also rose.
NAVER (035420) (-) remained flat, while Kakao (035720) (1.49%) rose.
Hyundai Motor (005380) (-0.87%) and Kia (000270) (-0.84%) fell.
By industry, all industries rose except for electrical and electronics (-0.45%), textiles and apparel (-0.37%), and transportation and warehousing (-0.06%). In particular, non-metallic minerals (2.53%), pharmaceuticals (2.52%), and banks (1.31%) recorded significant increases.
The KOSDAQ recorded 872.69, up 7.62 points (0.88%) from the previous trading day. Foreigners and institutions net bought 50.4 billion won and 50.5 billion won, respectively, and individuals alone net sold 102.6 billion won. The KOSDAQ transaction amount recorded 7.18 trillion won, down from the previous trading day (8.234 trillion won).
Lee Kyung-min, head of investment strategy at Daishin Securities, said, “Leaving the US stock market, which recorded rather high volatility, and the KOSPI confirming support at the 2,600 level, it is rebounding again. The perception that uncertainties factors, such as concerns about an economic recession caused by the PMI), have already been taken into account.”
He continued, “It appears that concerns have been alleviated in the absence of any additional news flow regarding the possibility of the US-China conflict that has risen to the surface again following the launch of the Indo-Pacific Economic Framework (IPEF). It is worth paying attention to the minutes of the Federal Open Market Committee (FOMC).”
Meanwhile, while investor deposits increased, the CMA balance and credit loan balance decreased.
According to the Financial Investment Association, as of the 24th, investor deposits increased by 1.19% from the previous trading day to 59.36 trillion won. Credit loan balance decreased 0.27% from the previous trading day to 21,587.7 billion won, and CMA balance decreased 0.28% to 67.878 trillion won, respectively.
Send articles on social media