Despite the 'selling' by individual investors, the KOSPI index is moving around the 3100 level on the 3rd due to the buying pressure from foreign and institutional investors. The KOSDAQ index is also rising by about 1%.

On the 3rd, dealers are conversing in the dealing room of Hana Bank in Jung-gu, Seoul, as the KOSPI starts higher. /Courtesy of Yonhap News Agency

As of 12:04 p.m. on this day, the KOSPI index is up 28.20 points (0.92%) from the previous transaction, recording 3103.26. The KOSPI index opened at 3100.33, up 25.27 points (0.82%) from the previous transaction. Individual investors sold off 48.32 billion won, but foreigners and institutions bought 26.08 billion won and 20.14 billion won, respectively.

Most of the large-cap stocks have turned 'red.' Samsung Electronics, the leader in semiconductors, is up 2.63%, and SK hynix is up 0.18%. The preferred stock of Samsung Electronics is also up 1.58%. In addition, Samsung Biologics, LG Energy Solution, KB Financial, NAVER, and Doosan Enerbility are seeing rising stock prices. In contrast, Kia is declining.

The KOSDAQ index is trading at 790.96, up 8.79 points (1.12%) from the previous transaction. The KOSDAQ index opened at 785.77, up 3.60 points (0.46%) from the previous transaction.

Looking at the top 10 market capitalization companies, Alteogen, ECOPRO BM, Ecopro, PharmaResearch, LigaChem Biosciences, HUGEL, Peptron, and CLASSYS are all seeing rising stock prices. In contrast, HLB and Rainbow Robotics are declining.

As of 12:08 p.m. on this day, the won-dollar exchange rate is trading at 1358.00 won, up 2.00 won from the previous day.