On August 3, the first trading day of the month, Alteogen (196170) extended its upward trend and recovered the 310,000 won level.

According to the Korea Exchange, Alteogen closed at 317,500 won, up 9,000 won (2.92%) from the previous trading day. Among the top KOSDAQ stocks by market capitalization, Alteogen recorded a clear upward trend, boosting investor sentiment in the market.

On the same day, the broader KOSDAQ market showed strength as buying interest flowed in centered on biotech and some growth stocks. The KOSDAQ index closed at 737.35, up 17.59 points (2.44%) from the previous trading day. In the biotech sector, HLB and ABL Bio also closed higher.

In contrast, the KOSPI market exhibited a completely opposite trend. A wave of profit-taking hit large-cap semiconductor stocks such as Samsung Electronics and SK Hynix, causing a sharp decline of more than 5%, with weakness in major technology stocks leading the index lower.

Investors are closely watching the August stock price direction of KOSDAQ biotech stocks, including Alteogen, which has demonstrated resilience.

[※ This article does not constitute investment advice, and the final decision and responsibility for investments lie with the investor.]