KOSPI and KOSDAQ rise together… Foreign and institutional buying power continues

(Seoul = Yonhap News) Reporter Lee Min-young = KOSPI is showing an increase rate of around 1% on the 4th as foreigners and institutions continue to buy during the day. The KOSDAQ index is also rising by more than 2%.

As of 11:22 am on this day, KOSPI is showing 6,664.93, up 85.45 points (1.30%) from the previous day.

The index started at 6,654.36, up 74.88 points (1.14%) from the previous day, and is maintaining an upward trend of 1%. At one point, it rose to 6,682.61 (1.57%).

Currently, in the KOSPI market, foreigners and institutions are net buying KRW 244.2 billion and KRW 658.8 billion, respectively, and other corporations also have a buying advantage of KRW 602.5 billion.

On the other hand, individuals have a selling advantage of 1.2928 trillion won.

In the KOSPI 200 futures market, individuals and foreigners are net buying 49.2 billion won and 367.4 billion won, respectively, while institutions are net selling 417 billion won.

As the three major New York stock market indices rose simultaneously last night as U.S. Treasury yields continued to stabilize, the domestic stock market also appears to be under upward pressure.

With concerns about an increase in the benchmark interest rate eased following Federal Reserve Director Christopher Waller's dovish remarks (favoring monetary easing), the interest rate on U.S. 10-year Treasury bonds traded at 4.769%, down 1.1bp (1bp = 0.01% point) from the previous level.

Among the top stocks in market capitalization, semiconductor 'top two' companies such as Samsung Electronics [005930] (2.20%) and SK Hynix (2.82%) are rising, raising the index.

In addition, SK Square [402340] (2.96%), Samsung Electro-Mechanics [009150] (2.52%), and Doosan Energy [034020] (0.38%) are also strong.

On the other hand, LG Energy Solution [373220] (-1.50%), Samsung BioLogics [207940] (-1.62%), and KB Finance [105560] (-2.53%) are falling.

By industry, medical precision (3.10%), IT services (2.39%), and communications (2.46%) are rising, while insurance (-2.88%) and distribution (-1.34%) are falling.

At the same time, the KOSDAQ index was 808.55, up 18.34 points (2.32%) from the previous day.

The KOSDAQ index started at 802.32, up 12.11 points (1.53%) from the previous day, and at one point reduced the increase to 798.97, but the increase is increasing again.

Foreigners and institutions are net buying 136.7 billion won and 54.9 billion won, respectively, while individuals have a selling advantage of 177.5 billion won.

Alteogen [196170] (1.59%), Ecopro [086520] (0.73%), Ecopro BM [247540] (0.47%), Rainbow Robotics [277810] (5.04%), and Jusung Engineering [036930] (4.46%) are rising.

Simmtech [222800] (-1.87%) and Silicon Two [257720] (-0.62%) are weak.