The KOSPI index touched 8,424 during trading but later reduced its gains, fluctuating around the 8,300 mark.
According to the Korea Exchange, as of 11:58 a.m. on May 29, the KOSPI was up 185.32 points (2.26%) at 8,370.61. The index opened at 8,384.31, rising by 199.02 points (2.43%) from the previous session, reaching a high of 8,424.53 before pulling back to the 8,300 level.
In terms of trading activity, individuals and foreign investors sold a net 667.5 billion won and 1.4883 trillion won, respectively, while institutions bought a net 2.111 trillion won, helping to support the index.
The top stocks in the securities market showed mixed performance. Samsung Electronics rose by 3.51%, SK Hynix by 0.48%, Samsung Electro-Mechanics by 15.09%, Hyundai Motor by 4.73%, LG Energy Solution by 5.03%, Samsung Life by 3.92%, and Samsung C&T by 5.63%. Conversely, SK Square fell by 1.13% and HD Hyundai Heavy Industries by 1.28%.
Meanwhile, the KOSDAQ index was down 30.22 points (-2.74%) at 1,074.14 at the same time. The index opened at 1,112.15, up 7.79 points (0.71%) from the previous session, but reversed course due to selling pressure from foreign and institutional investors.
In the KOSDAQ market, individuals bought a net 192.8 billion won, while foreign and institutional investors sold a net 96.2 billion won and 110.3 billion won, respectively, contributing to the index's decline.
The top stocks in the KOSDAQ exhibited varied trends. EcoPro BM fell by 0.69%, Alteogen by 0.68%, EcoPro by 2.21%, Kolon TissueGene by 7.05%, Samchundang Pharm by 0.15%, Rino Technology by 2.42%, and Peptron by 4.84%. In contrast, Rainbow Robotics rose by 1.14%, Juseong Engineering by 0.48%, and HLB by 0.20%.
* This article has been translated by AI.
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