After opening lower, the KOSPI index rebounded on the morning of the 17th on the back of 1 trillion won in net buying by individuals. The KOSDAQ index is also rising.
As of 11:15 a.m., the KOSPI index was up 0.04% (3.16 points) from the previous trading day at 8,729.76.
On the Korea Exchange main board, individuals were net buyers of 1.3078 trillion won. Foreigners and institutions were net sellers of 1.1324 trillion won and 162.5 billion won, respectively.
Among the top market-cap stocks on the main board, moves were mixed. Samsung Electronics was down more than 1%, and Samsung Electro-Mechanics, Hyundai Motor and Samsung C&T were also falling. In contrast, SK hynix, SK Square, LG Energy Solution, Samsung Life Insurance and HD Hyundai Heavy Industries were rising.
At the same time, the KOSDAQ index was at 1,031.03, up 12.35 points (1.21%) from the previous day.
On the KOSDAQ market, individuals and institutions were net buyers of 84 billion won and 10.9 billion won, respectively, while foreigners were net sellers of 100.7 billion won.
Among the top KOSDAQ market-cap stocks, most were gaining. While Alteogen, EcoPro BM, EcoPro, Rainbow Robotics, Kolon TissueGene, Wonik IPS, LEENO Industrial, HLB and Sam Chun Dang Pharm were rising, only Jusung Engineering was falling.
Han Ji-yeong of Kiwoom Securities said, "The market opened lower due to caution ahead of the June Federal Open Market Committee (FOMC) and a breather in U.S. semiconductor stocks," adding, "However, given that the overall market environment is at least neutral, we expect intraday rotational buying across other sectors to unfold, narrowing losses."