KOSPI 7,291.91 close, bank stocks strong · retail investors 1 trillion5,000 billion sold
KOSPI rose 45.12 points to close at 7,291.91Amid intraday volatility, bank stocks emerged as defensive plays, while retail investor selling (1 trillion5,000 billion won) was observed. KOSDAQ recovered from the 700 level to the 800 level, led by semiconductor materials and components equipment.
KOSPI closed 45.12 points higher at 7,291.91. The indicator is interpreted as a signal of a short-term rebound in a highly volatile session.
During the session, the index at one point turned lower. The market repeatedly moved up and down.
Bank stocks emerged as defensive plays and showed relatively strong performance. Trading in bank stocks stood out amid the volatile market.
Individual investors 1trillion5,000won worth of sell orders, and signs emerged that a “pension fund army” had been deployed. Institutional-fund movements were observed to defend the index.
Positive news related to SK hynix was 7,500cited as a factor behind the recovery of the level. However, some industry observers said that, excluding AI-related stocks, clear upward momentum remained weak.
The KOSDAQ recovered in just one day to the 700level from the 800level. It was confirmed that semiconductor materials, components and equipment stocks lifted the index.
Market participants appear to be weighing the direction of the index between short-term selling pressure and institutional buying. The future trend depends on leading stocks by sector and institutional fund flows.