On the 19th, the KOSPI index rose for the fourth consecutive transaction but failed to surpass the 3000 mark once again. The margin balance for investing on credit in the securities and KOSDAQ markets recorded 19.2658 trillion won, marking the highest level in over 10 months. Margin balance is one of the key indicators confirming a bullish market.
On that day, the KOSPI index closed at 2977.74, up 5.55 points (0.19%) from the previous transaction. In the securities market, individual investors purchased 351 billion won worth of shares, while foreign and institutional investors sold 873 billion won and 301.6 billion won, respectively.
In the securities market, the top 10 stocks by market capitalization showed mixed trends. In the case of Naver, the stock rose nearly 3.5% due to expectations surrounding the new government's artificial intelligence (AI) policy, and Hanwha Aerospace (0.76%) and Hyundai Motor (0.49%) also showed gains.
On the other hand, Samsung Electronics and SK hynix fell by 1% and 0.2%, respectively, while Samsung Biologics also dropped by 0.5%. Additionally, LG Energy Solution (-0.34%), KB Financial (-0.28%), and Kia (-0.71%) also exhibited weaknesses.
The KOSDAQ index recorded a rise of 2.78 points (0.36%) to 782.51 compared to the previous day. In the KOSDAQ market, individuals and institutions purchased a net 126.3 billion won and 16.5 billion won, respectively, while foreign investors sold a net 136.5 billion won.
The top 10 stocks by market capitalization in the KOSDAQ also displayed mixed trends. Peptron and PharmaResearch increased by 7.95% and 4.63%, respectively, while HLB (5.77%), CLASSYS (1.81%), and LigaChem Biosciences (1.04%) showed strengths. Conversely, HUGEL (-3.13%), Alteogen (-2.03%), and Ecopro (-1.2%) experienced declines.
Lee Jae-won, a researcher at DAISHIN SECURITIES, said, "The KOSPI index rose to 2996 points during trading, challenging the 3000 point mark; however, resistance selling emerged," adding that "there is a sense of caution regarding the U.S. Federal Open Market Committee (FOMC), but there were no comments that were significantly concerning."
Lee Kyung-min, head of the investment strategy team at DAISHIN SECURITIES, noted, "Individual supply and demand flowed into sectors such as information technology (IT), stablecoins, and defense industries due to expectations surrounding AI policies," and explained that "the postponement of the scheduled National Assembly plenary session delayed expectations for policy revisions, such as amendments to commercial law, resulting in profit-taking movements in finance, construction, and holding companies."