On the day before the 21st presidential election, on the 2nd, the KOSPI and KOSDAQ indices regained 2700 and 740 points, respectively.
At 11:10 a.m., the KOSDAQ index recorded 2704.32, up 6.65 points (0.25%) from the previous transaction. At the same time, the KOSDAQ index showed an increase of 5.87 points (0.8%) to 740.22.
Foreigners are driving the index rise as they entered the 'buy' side. Foreigners showed a net purchase of 50.2 billion won in the KOSPI market. Individuals made a net purchase of 13.7 billion won, while institutions sold a net 80.4 billion won. In the KOSDAQ market, foreigners are also net buying 81.5 billion won. Institutions have a net purchase of 600 million won, while individuals net sold 78.4 billion won.
Foreigners showed a net purchase of 1.14 trillion won in the KOSPI market last month, ending a nine-month streak of net sales. Additionally, funds have been steadily flowing into the Korea-exchanged listed index funds (ETFs). This is interpreted as a result of the falling exchange rate of the won against the U.S. dollar and the fact that domestic stock market valuations have hit bottom.
Concerns related to the U.S.-China trade negotiations, which had sparked conflicts, have somewhat eased with news that U.S. President Donald Trump and Chinese President Xi Jinping will have a phone call this week. U.S. Treasury Secretary Scott Bessent noted in a CBS interview the previous day that "President Trump is expected to talk with President Xi soon about trade issues."
However, as the domestic stock market will be closed on the 3rd due to the presidential election, transactions do not seem to be very active. Both the KOSPI and KOSDAQ markets have trading volumes currently below 3 trillion won.
Among the top stocks by market capitalization in the KOSPI market, Samsung Electronics, SK hynix, and Hanwha Aerospace are performing well. LG Energy Solution, KB Financial, and Hyundai Motor are trading at lower prices compared to the previous transaction.
Among the top stocks by market capitalization in the KOSDAQ market, Alteogen, PharmaResearch, and HUGEL have seen their stock prices rise. ECOPRO BM, HLB, Ecopro, and Peptron are in a downtrend.