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KOSPI Rises 2.37% to 8,593.31... Institutional Net Buying of 2.9 Trillion Won Drives Both Indices Higher

The domestic stock market continued its upward trend on the afternoon of the 30th, with both the KOSPI and KOSDAQ posting gains during the session. Large-scale

Wooil Shim
Staff Reporter
3 min read
KOSPI Rises 2.37% to 8,593.31... Institutional Net Buying of 2.9 Trillion Won Drives Both Indices Higher
CBC News

The domestic stock market continued its upward trend on the afternoon of the 30th, with both the KOSPI and KOSDAQ posting gains during the session. Large-scale net buying by institutional investors led the market.

The KOSPI was trading at 8,593.31, up 198.66 points (2.37%) from the previous trading day, while the KOSPI 200 was trading at 1,390.80, up 38.26 points (2.83%). The KOSDAQ also rose 1.96 points (0.21%) to 922.53, with both indices maintaining their upward momentum toward the close.

On the supply and demand side, institutional investors led the index gains. Institutions net purchased 2.9072 trillion won, while foreigners and individuals net sold 2.6092 trillion won and 308.2 billion won, respectively. The market interpretation is that aggressive institutional buying drove the rally, while foreigners moved to lock in profits.

By individual stocks, 279 issues rose on the KOSPI, including 4 that hit the upper limit, and 678 advanced on the KOSDAQ. However, declining stocks were also numerous, reflecting a market pattern of differentiation across sectors and individual issues.

The futures market also showed strength. The KOSPI 200 futures rose 35.70 points to 1,402.20, reflecting improved investor sentiment.

Going forward, supply and demand changes centered on semiconductor and AI-related stocks, along with global market trends, are expected to act as key variables for the market.

[This article was written with the assistance of AI. This article is not intended to solicit investment, and the final judgment and responsibility for investments lie with the investor.]

Wooil Shim
Staff Reporter

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