On the 11th, the KOSPI index rose for the second consecutive day, driven by simultaneous buying from foreign investors and institutions. In particular, the shipbuilding sector continued to show strength, lifting the index that started lower. In contrast, the KOSDAQ index closed down due to the 'sell' orders from foreign investors and institutions.
On that day, the KOSPI index closed at 2,548.57, up 9.52 points (0.37%) from the previous trading day. It started trading down 4.34 points (0.17%) but turned upward during the day and approached the 2,550 level.
Foreign and domestic institutions net bought worth 98.5 billion won and 52.2 billion won, respectively. In contrast, individual investors were found to have net sold 197.7 billion won.
On this day, the top two stocks by market capitalization in the securities market showed different movements. Samsung Electronics rose 0.18%, while SK hynix fell 0.40%. Samsung Electronics' preferred shares increased by 0.44%. Additionally, among the top market capitalization stocks, Samsung Biologics, LG Energy Solution, Hyundai Motor, Celltrion, Kia, NAVER, and KB Financial saw their stock prices decline.
On this day, shipbuilding stocks showed strength. An expectation increased that they would benefit from a bill proposed in the U.S. Congress allowing allied nations to undertake naval vessel construction. HD Hyundai Heavy Industries traded at 353,000 won, up 15.36% from the previous trading day. During the day, it even reached a new high within a year. There were also expectations that the performance of the U.S. Philadelphia shipyard acquired by Hanwha Group would be reflected from this year, causing Hanwha Ocean and Hanwha Systems to record new highs within the year.
Na Jeong-hwan, a researcher at NH Investment & Securities, noted, "Industries such as shipbuilding, defense, and healthcare are being cited as beneficiaries, particularly because they align with the policy direction of U.S. President Donald Trump. The Trump administration is expected to regulate China's shipbuilding industry and utilize the shipbuilding industry of allied nations, which could benefit Korean shipbuilding companies."
On that day, the KOSDAQ index closed at 745.18, down 4.41 points (0.59%) from the previous trading day. In the KOSDAQ market, individuals were net buyers of 222.8 billion won. Foreign investors and domestic institutions bought worth 152.6 billion won and 55.7 billion won, respectively.
Among the top 10 stocks by market capitalization in the KOSDAQ, Alteogen, Rainbow Robotics, LigaChem Biosciences, and Sam Chun Dang Pharm declined. In contrast, Ecopro BM, HLB, LEENO Industrial, CLASSYS, and HUGEL saw increases.
In the KOSDAQ market, the stocks of venture capital companies stood out. Reports emerged that Meta Platforms, the parent company of Facebook, was in discussions to acquire Furiosa AI, a South Korean artificial intelligence chip design startup. DSC Investment and T.S. Investment, known to be initial investors, recorded price ceilings.
As of 3:30 p.m. in the Seoul foreign exchange market, the won-to-dollar exchange rate recorded 1,453.4 won, up 0.8 won from the previous day.