The KOSPI is rising due to net buying by individual investors, amid ongoing concerns about the weakening leadership of semiconductor stocks, which analysts suggest may lead to sector differentiation.
According to the Korea Exchange, as of 9:03 a.m. on August 26, the KOSPI was up 14.68 points (0.22%) at 6,757.42. After starting the day down 15.50 points (0.23%), it quickly turned positive. Individuals net bought 200.6 billion won, while foreigners net sold 204.7 billion won. Institutions showed a cautious stance with a net sale of 3.1 billion won.
Among the top market capitalization stocks, Samsung Electronics led the index's rise with a 1.36% increase, while SK Hynix also rose by 0.60%. Other gainers included Samsung C&T (1.63%), Samsung Electronics preferred shares (0.77%), Hyundai Motor (0.71%), and Samsung Biologics (0.13%). Conversely, Samsung Electro-Mechanics fell by 2.20%, SK Square by 0.94%, and LG Energy Solution by 0.29%.
At the same time, the KOSDAQ was trading at 828.14, up 0.99 points (0.12%) from the previous day. Individuals net bought 9.4 billion won, while foreigners and institutions net sold 5.7 billion won and 3.9 billion won, respectively. Major stocks such as Alteogen (-1.15%), EcoPro BM (-1.24%), Wonik IPS (-1.87%), and EoTechnics (-1.12%) showed weakness.
Han Ji-young, a researcher, stated, “While concerns about the weakening leadership of semiconductors continue, it is advisable to avoid excessively reducing semiconductor holdings or increasing cash positions by selling during price rebounds. Maintaining existing leading stocks at market capitalization levels and considering a strategy of gradually buying into key sectors such as retail, securities, power equipment, and biotechnology during further adjustments is a viable alternative at this time.”
* This article has been translated by AI.
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