The KOSPI index rebounded a day after "Black Monday." The KOSPI is fluctuating around the 5,180 level, and the KOSDAQ has also topped 1,120.
As of 11:56 a.m., the KOSPI was up 230.48 points (4.66%) from the previous day at 5,180.15. Opening at 5,114.81, up 165.14 points (3.34%), the KOSPI has been widening its gains through the morning.
At 9:26 a.m., the Korea Exchange (KRX) triggered a buy sidecar on the main board. The previous day, a sell sidecar was triggered, showing how market sentiment flipped in a day.
On the main board, foreigners and institutions went on a buying spree. With foreigners and institutions net buying 398.9 billion won and 888.5 billion won, respectively, individuals—who bought early in the session—were the only ones net selling, at 1.271 trillion won.
All top-cap stocks on the main board are rising. In particular, Samsung Electronics and SK hynix are leading the market with gains in the 6% range. Hyundai Motor, LG Energy Solution, Samsung Biologics, SK Square, Hanwha Aerospace, HD Hyundai Heavy Industries, and Kia are also climbing.
At the same time, the KOSDAQ was up 30.34 points (2.76%) at 1,128.70.
On the KOSDAQ, financial investment firms within institutions are leading. While individuals and foreigners are net selling 290.8 billion won and 117.1 billion won, respectively, institutions alone are net buying 443.2 billion won. However, within institutional flows, financial investment—which reflects individuals' exchange-traded fund (ETF) transactions—is showing net purchases of 406.8 billion won.
Among top-cap KOSDAQ stocks, moves are mixed. EcoPro, Alteogen, Rainbow Robotics, Sam Chun Dang Pharm, ABL Bio, and HLB are rising, while EcoPro BM, Kolon TissueGene, LEENO Industrial, and LigaChem Biosciences are falling.
Meanwhile, in the Seoul foreign exchange market, the won-dollar rate opened at 1,452.0 won, down 12.3 won from the previous day, and is now at 1,457.30 won.