On October 2, the KOSPI index closed higher as individual and foreign selling was absorbed by other corporations and financial investors. The KOSDAQ, however, ended lower due to foreign selling.
According to the Korea Exchange, the KOSPI finished at 7,003.74, up 32.39 points (0.46%) from the previous trading day. Individuals sold 1.72 trillion won, and foreigners sold 143.7 billion won. In contrast, institutions purchased a net 381.3 billion won, financial investors bought 410 billion won, and other corporations net bought 1.48 trillion won.
Among the top market capitalization stocks, SK Hynix rose 0.44%, Samsung Electro-Mechanics increased 1.28%, SK Square gained 0.43%, LG Energy Solution climbed 2.50%, Hanmi Semiconductor was up 1.30%, and SK Innovation surged 10.17%. Conversely, Samsung Electronics remained unchanged, Hyundai Motor fell 0.72%, Samsung Electronics preferred shares dropped 1.71%, HD Hyundai Heavy Industries decreased 1.39%, and Kia fell 0.53%.
The KOSDAQ index closed at 893.29, down 1 point (-0.11) from the previous trading day. Individuals purchased a net 81.4 billion won, institutions bought 93.7 billion won, and financial investors net bought 86.9 billion won, but foreign investors sold 173.1 billion won, preventing a rebound.
In the KOSDAQ market, among the top market capitalization stocks, EcoPro rose 4.47%, EcoPro BM increased 0.87%, Jeju Semiconductor climbed 4.76%, Simtek was up 4.38%, and Samchundang Pharmaceutical gained 4.06%. However, Alteogen fell 2.08%, Rigakembaio dropped 4.52%, and Peptron decreased 9.12%.
On this day, the most purchased stocks by foreign investors included Woori Financial Group (1.05%), Samsung Electro-Mechanics (0.96%), and Samsung Electronics preferred shares. The most purchased stocks by institutions were Samsung Electro-Mechanics, KODEX KOSDAQ 150 Leverage (-1.41%), and Daeduck Electronics (-1.07%).
Lee Kyung-min, a researcher at Daishin Securities, stated, "The domestic stock market is fluctuating within a range amid caution over macro variables such as interest rates and oil prices, showing a sideways trend near the 7,000 mark. The lack of new momentum to offset the burden of high interest rates is leading to a wait-and-see approach."
He added, "Until the preliminary results of Samsung Electronics are announced on October 8, interest rate volatility is likely to influence the direction of the stock market. In the absence of clear events, limited fluctuations are expected to continue, with sector-specific differentiation amid a supply-demand gap from foreign and institutional investors."
Meanwhile, in the Seoul foreign exchange market, the dollar/won exchange rate closed at 1,351.4 won, down 8.1 won from the previous trading day.
* This article has been translated by AI.
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