The KOSPI index started lower on the 6th but is reducing its losses. The KOSDAQ index, which had been in a downward trend, bounced back above the 800 level. A wait-and-see mood prevails between the U.S. Donald Trump administration's tariffs and Lee Jae-myung's government's first tax reform plan.
As of 11:26 a.m. on the day, the KOSPI index stood at 3192.94, down 5.06 points (0.16%) from the previous day. At the same time, the KOSDAQ index recorded 801.75, up 3.15 points (0.39%).
After President Trump noted that he would announce tariffs on semiconductor and pharmaceutical items "around next week," the KOSPI and KOSDAQ indices had dropped to 3176.61 and 793.85, respectively, during trading. However, as investors flocked to stocks whose second-quarter (April to June) performances exceeded market expectations, the downward trend was reversed.
In the KOSPI market, GS P&L and APR, which recorded "surprise performances," are showing double-digit stock price increases. In the KOSDAQ market, DearU, which reportedly saw a surge in subscribers, has risen by over 9%, indicating a marked difference in stock performances.
By sector, the importance of the power grid is highlighted as Korea Electric Power Corporation, KEPCO E&C, and KEPCO KPS show strong performances in the electric utility sector. Additionally, the aviation and transportation, cosmetics, construction, and refining and petrochemical sectors are also trending upward. In contrast, the defense, semiconductor, and healthcare sectors are weak.
In the KOSPI market, individuals are currently net purchasing 149.8 billion won. Foreign investors and institutions are selling more, with net sales of 179.2 billion won and 6.2 billion won, respectively.
In the KOSDAQ market, institutions have entered a "buy" position with net purchases of 19.1 billion won, driving the index up. Individuals and foreign investors are net selling 16.2 billion won and 5.1 billion won, respectively.