The KOSPI index is showing slight gains in the morning of the 26th due to buying from foreign investors and institutions. The KOSDAQ index rose more than 1%, showing some strength. While individuals are dumping 180 billion won in sales in the KOSPI and KOSDAQ markets, foreign investors and institutions are supporting the index with purchases of about 210 billion won.
As of 10:54 a.m. on the same day, the KOSPI index is trading at 2,614.67, up 23.01 points (0.89%) from the previous trading day. Foreign investors and institutions are buying 93.1 billion won and 27.9 billion won, respectively. Individuals are selling a net 92.3 billion won.
Among the top 10 by market capitalization, Celltrion is down 1.38% and Hanwha Aerospace is down 1.33%. Samsung Electronics (-0.18%), SK hynix (-0.15%), Samsung Biologics (-0.10%), and Samsung Electronics preferred (-0.78%) are also experiencing declines. HD Hyundai Heavy Industries is showing strength with over a 5% rise, and LG Energy Solution, KB Financial, Hyundai Motor, and Kia are also on the rise.
At the same time, the KOSDAQ index is trading at 723.77, up 7.69 points (1.07%) from the previous day. By investor type, foreign investors and individuals are net buying 45.3 billion won and 49.6 billion won, respectively. Individuals are net selling 90.4 billion won.
In the top 10 by KOSDAQ market capitalization, 9 out of the 10 stocks are rising, excluding PharmaResearch. Ecopro BM and Peptron are leading the index with rises of around 3%. Alteogen, HLB, Ecopro, Rainbow Robotics, HUGEL, LigaChem Biosciences, and CLASSYS are all on the rise.
On this day, shares related to the novel coronavirus (COVID-19) are receiving attention in the domestic stock market. As COVID-19 has spread to Thailand and other regions from the Chinese-speaking area, concerns over a potential resurgence are emerging.
Shin Poong Pharm, which is developing a treatment for COVID-19, is trading at 12,500 won, up 2,310 won (22.67%) from the previous trading day. Shin Poong Pharm preferred is also showing strength with a 26% rise. Additionally, GeneOne Life Science is up 11.73%, and GREEN Life Science is up 29.84%.
In the Seoul foreign exchange market, the won to U.S. dollar exchange rate is trading at 1,362.9 won, down 5.10 won from the previous trading day.