KOSPI, 7month 10early in the session on 260.58points higher at the open
KOSPI 7month 10early in the session on 260.58points higher, opening at 7,552.49The rebound in the index continued as strength in large-cap stocks carried over from the previous day and foreign investors resumed buying.
KOSPI 7month 10early in the session on 260.58points higher, opening at 7,552.49The move was reported as signaling a recovery in investor sentiment.
On the previous day, 7month 9the KOSPI 45.12points higher, 7,291.91It closed at . The index showed a slight rebound compared with the day before.
7month 9in the session on , SK Hynix showed strength of 6%, while Samsung Electronics showed strength of 4%. The rise in the index was driven by large-cap stocks among the companies with the largest market capitalizations.
A renewed inflow of foreign funds has been observed. Some reports said it resembled the flow of funds seen before the sharp rise last month.
Retail investors’ selling volume was tallied at 1trillion 3,000hundred million won, and institutions took it in as net buying, sending the index rebounding by 0.62%. The market continues to experience a “roller-coaster market” in which retail selling and institutional buying occur simultaneously.
Bank stocks showed relative strength in the volatile market, displaying defensive characteristics. Demand for financial stocks is reported to have flowed in.
For detailed figures on trading value and investor flows, refer to the compiled data from each securities firm and exchange. Additional movements in today’s session may vary depending on trends by buying and selling participants.