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Foreigners swept up performance stocks, leading KOSPI… Ants say ‘Let’s sell’

Foreigners swept up performance stocks, leading KOSPI… Ants say ‘Let’s sell’
Foreigners swept up performance stocks, leading KOSPI… Ants say ‘Let’s sell’
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KOSPI closed higher on the 26th as net buying by foreign investors continued despite large-scale selling by individuals. On this day, the financial and semiconductor industries stood out in the stock market. With the first quarter earnings season in full swing, the joys and sorrows of each stock appear to be mixed.

On this day, the KOSPI index closed at 2656.33, up 27.71 points (1.05%) from the previous day. As of 3:37 p.m., foreign and institutional investors made net purchases of 472.4 billion won and 68.1 billion won, respectively. On the other hand, individual investors sold net 560.5 billion won.

By industry, the financial industry rose 3.22%. KB Financial Group led the industry, rising 9.67%. Shinhan Financial Group (7.47%), Hana Financial Group (6.01%), Heungkuk Fire & Marine Insurance (4.49%), and Samsung Fire & Marine Insurance (4.01%) also rose sharply. The securities industry rose 2.11%, with NH Investment & Securities and Samsung Securities showing strong performance.

Medical precision also increased by 2%. Electrical and electronics rose by 1%. Chemicals, construction, service, non-metallic minerals, steel and metal, electricity and gas, distribution, transportation equipment, transportation warehouses, and manufacturing industries were completed in Kangbo Hapwon. Pharmaceuticals, food and beverages, paper, wood, and textiles and clothing showed weak performance.

Among stocks with the highest market capitalization, SK Hynix rose by 4%. Kia, which announced good results on this day, also rose by 1%. Samsung C&T, Samsung Electronics, POSCO Holdings, and LG Chem showed strong action. On the other hand, Samsung BioLogics and Samsung SDI were weak at around 1%. Celltrion closed at a weak performance.

Kim Jeong-yoon, a researcher at Daishin Securities, said, “The financial industry soared due to good performance in the first quarter and expectations for dividends, and the semiconductor industry also rose due to expectations for high bandwidth memory (HBM).” “It affected the strength,” he explained.

The KOSDAQ index closed at 856.82, up 3.56 points (0.42%) from the previous day. Individuals and institutional investors collected KRW 80.2 billion and KRW 26.1 billion, respectively, but foreign investors sold KRW 99.8 billion.

By industry, the Internet surged by 5%. Semiconductors rose by 2%. Broadcasting services and general electrical and electronics rose around 1%. Construction, base metals, information equipment, and communication and broadcasting services were completed by Kangbo Hapkwon. On the other hand, the financial sector was weak at around 1%. Food, beverages, tobacco, and textiles and clothing showed weak trends.

Among the top stocks in market capitalization, Eo Technics rose 5.04%. Samchundang Pharmaceutical and Reno Industrial rose around 1%. Ecopro BM, Hugel, HLB, and JYP Ent. closed in strong consolation. On the other hand, HPSP fell by nearly 4%. Celltrion Pharmaceuticals, Enchem, Rainbow Robotics, etc. showed weak performance.

The won/dollar exchange rate closed at 1375.3 won, up 0.3 won from the previous trading day.

[저작권자 @머니투데이, 무단전재 및 재배포 금지]

The article is in Korean

Tags: Foreigners swept performance stocks leading KOSPI .. Ants Lets sell

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NEXT Korean news channel YTN (Channel 24)