The KOSPI index showed a decline of over 1% during trading on August 4. In contrast, the KOSDAQ surged more than 5%, driven by strong performance in bio stocks, prompting a buying sidecar in both markets.
According to the Korea Exchange, as of 1:20 PM, the KOSPI was trading at 6,177.96, down 79.49 points (1.27%) from the previous trading day. The index opened at 6,351.38, up 93.93 points (1.50%), but later turned negative during the session.
Foreign and institutional investors sold a net 386 billion won and 857.5 billion won, respectively, contributing to the index's decline. Meanwhile, individual investors were net buyers, purchasing 1.1279 trillion won.
Large-cap stocks exhibited mixed performance. Hanwha Aerospace (up 9.58%), Samsung Biologics (up 3.09%), and LG Energy Solution (up 1.74%) saw gains. Conversely, Samsung Life (-5.91%), Samsung Electronics (-3.76%), SK Hynix (-3.64%), Samsung Electro-Mechanics (-2.79%), Hyundai Motor (-2.42%), SK Square (-1.07%), and KB Financial (-0.65%) experienced losses.
Han Ji-young, a researcher at Kiwoom Securities, noted, "The KOSPI is expected to show a strong trend today, supported by ongoing perceptions of overselling following last month's sharp decline, falling oil prices and interest rates, and a successful rebound in U.S. semiconductor stocks during trading."
At the same time, the KOSDAQ index recorded a gain of 38.29 points (5.19%), reaching 775.64. The index opened at 748.19, up 10.84 points (1.47%), and continued to increase. A buying sidecar was triggered around 10:47 AM, marking the third consecutive trading day for this measure.
In the KOSDAQ market, institutions were net buyers, purchasing 442.1 billion won, which helped drive the index higher. Individual and foreign investors sold a net 194.4 billion won and 239.3 billion won, respectively.
All major stocks in the KOSDAQ showed upward trends, including ABL Bio (up 14.51%), Peptron (up 9.87%), HLB (up 9.71%), Alteogen (up 9.45%), EcoPro (up 6.33%), JUSUNG Engineering (up 5.09%), EcoPro BM (up 4.55%), Rino Industry (up 2.44%), Rainbow Robotics (up 1.74%), and Wonik IPS (up 0.75%).
* This article has been translated by AI.
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