The KOSPI index surged over 4% in early trading, driven by strong buying from foreign investors and institutions, particularly in major semiconductor stocks like Samsung Electronics and SK Hynix. In contrast, the KOSDAQ started lower and fluctuated around the previous day's closing level.
As of 9:15 a.m. on August 13, the KOSPI was trading at 6,872.22, up 293.18 points (4.46%) from the previous trading day. The index opened at 6,773.92, up 194.88 points (2.96%), and briefly reached 6,895.63, nearing the 6,900 mark.
While individual investors sold a net 707.1 billion won worth of stocks, foreign and institutional investors bought a net 423.7 billion won and 279.4 billion won, respectively.
Most of the top market capitalization stocks showed strong performance. Samsung Electronics rose 5.19%, SK Hynix increased by 7.71%, Samsung Electronics preferred shares were up 2.04%, SK Square climbed 10.16%, and Samsung Electro-Mechanics surged 12.81%. Hyundai Motor gained 4.15%, LG Energy Solution rose 0.70%, Samsung Life Insurance increased by 4.96%, and Samsung C&T was up 5.73%. However, Samsung Biologics fell by 0.77%, while Hanwha Aerospace rose by 2.16%.
At the same time, the KOSDAQ index was trading at 853.69, down 5.22 points (0.61%) from the previous trading day. The index opened at 863.15, up 4.24 points (0.49%), but turned downward. It had reached as high as 869.64 during the session but later gave back those gains, fluctuating around the previous day's closing level.
Individual investors were net buyers of 140.6 billion won, while foreign and institutional investors sold a net 88 billion won and 46.9 billion won, respectively.
Most of the top KOSDAQ stocks were underperforming. Alteogen fell by 2.05%, EcoPro dropped by 1.20%, EcoPro BM decreased by 1.40%, Rainbow Robotics was down 0.41%, and LinoTech fell by 0.42%. HLB declined by 2.28%, and ABL Bio dropped by 2.76%. In contrast, semiconductor equipment stocks like JUSUNG Engineering rose by 1.78%, Wonik IPS increased by 5.47%, and EO Technics was up 4.80%.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.