The stock market, which plunged 7% the previous day, rebounded... KOSPI rises by 2% and KOSDAQ by 3%

Samchun and Hynix rose by 1%... Foreigners ‘sell’ for 9 consecutive trading days

(Seoul = Yonhap News) Reporter Kim Yu-hyang = KOSPI, which continued its slumping market with a sharp drop of 7% the previous day, rose to the 3% level at one point during the day on the 16th. Until the previous day, KOSPI had closed for 7 consecutive trading days, but today it is rebounding.

As of 10:59 am on this day, KOSPI is 5,686.96, up 132.74 points (2.39%) from the previous day.

The index started higher at 5,653.99, up 99.77 points (1.80%) compared to the previous day, and continues to be strong to this day. At one point in early trading, it rose to 5,745.36 (+3.44%).

Individuals and institutional investors have a buying advantage of 39.7 billion won and 24 billion won, respectively, in the stock market. On the other hand, foreigners have continued their net selling trend for 9 consecutive trading days with a selling advantage of 307.8 billion won.

Looking at the semiconductor 'two tops', Samsung Electronics [005930] (+1.90%) and SK Hynix [000660] (+1.58%) are showing increases in the 1% range. Samsung Electronics rose to 217,500 won (+3.57%) at one point during the day, and SK Hynix also turned downward in the early part of the day, but later jumped again to 1,308,000 won (+3.65%).

Among other top stocks in market capitalization, SK Square [402340] (2.88%), LG Energy Solution [373220] (0.50%), and Samsung Electro-Mechanics [009150] (1.38%) are rising. Some are weak, such as Samsung SDI [006400] (-0.74%) and SK Innovation [096770] (-2.32%).

By industry, all industries are currently on the rise, including entertainment and culture (6.36%), transportation equipment and parts (5.39%), and pharmaceuticals (4.95%).

At the same time, the KOSDAQ index rose 26.53 points (3.49%) to 787.35.

The index opened at 772.17, up 11.35 points (1.49%), and then rose to 793.70 (+4.32%) at one point, attempting to recapture the 800 mark.

In the KOSDAQ market, individuals and institutions have a purchasing advantage of 50.2 billion won and 69.9 billion won, respectively. Foreigners are net selling 125.3 billion won.

Top stocks in the KOSDAQ market by market capitalization, such as Alteogen [196170] (7.96%), Ecopro [086520] (0.74%), and Ecopro BM [247540] (0.09%), are generally showing an upward trend. Some, such as Soulbrain [357780] (-0.30%), are falling.