Money Today Reporter Park Soo-hyun | 2024.03.29 16:30
tomorrow’s strategy
/Illustration=Jongcheol Lim, Design Reporter The KOSPI index closed on a strong note thanks to foreign buying. Although there was no significant news, semiconductor majors Samsung Electronics and SK Hynix pushed the index up by closing at 80,000 and 180,000 units, respectively. Stocks with low price-to-book ratios (PBR), which were leading stocks in the domestic stock market for a while, have fallen significantly, especially financial stocks affected by ex-dividends.
On the 29th, the KOSPI index closed at 2746.63, up 0.81 points (0.03%) from the previous day. The KOSPI index, which started strongly on this day, rose to 2757.55 during the day and closed at the level of 2740. As of 3:52 pm on this day, foreigners bought a net 780.9 billion won, and individuals and institutions sold net 483.8 billion won and won 285.1 billion, respectively.
In the industry index, medical precision showed strength in the 2% range and electrical and electronics showed strength in the 1% range. The pharmaceutical and manufacturing industries closed with strong results. The transportation equipment, construction, transportation warehouse, communications, and financial industries were weak in the 1% range, while the service industry, electricity and gas industry, distribution industry, machinery, steel and metal, non-metallic minerals, chemicals, paper and timber, textiles and clothing, and food and beverages closed at a low level.
Semiconductor stocks shined among the top stocks by market capitalization. Samsung Electronics closed at 82,400 won, up 1.98% from the previous day. During the trading day on this day, it rose to 82,500 won, breaking the 52-week high once again. SK Hynix finished trading at 183,000 won, up 2.69% from the previous day. Celltrion also closed the day with an increase of 4.03%.
On the other hand, secondary battery stocks LG Energy Solutions and Samsung SDI, and Hyundai Motors, Kia, and Samsung C&T, which are considered low PBR stocks, closed at a weak level of 1%. Financial stocks also fell due to the effects of profit-taking and ex-dividend listings. KB Financial Group (-1.14%), Shinhan Financial Group (-2.54%), Hana Financial Group (-2.04%), Woori Financial Group (-1.85%), and Industrial Bank of Korea (-3.23%) finished trading weak . .
Lee Kyung-min, head of Daishin Securities’ investment strategy team, said, “Semiconductors, led by Samsung Electronics and SK Hynix, tried to increase the upward pressure on the index, but due to the absence of any particular momentum, the number of stocks increased and fell compared to the previous day, and overall investment sentiment in the market weakened further.” “Before the PCE (Personal Consumption Expenditure) announcement, a wait-and-see attitude was introduced, with the upper end of the KOSPI limited to the 2750 level,” he said.
/Illustration=Lim Jong-cheol Design Ki As the supply and demand of KOSPI and KOSDAQ showed opposite situations, the index fluctuations also varied. On this day, the KOSDAQ index closed at 905.50, down 4.55 points (0.50%) from the previous day. Individuals and institutions made net purchases of 44.3 billion won and 34.6 billion won, respectively, but foreigners placed 67.8 billion items for sale.
In the industry index, communication broadcasting services rose 2% thanks to the strength of CJ ENM (6%) and Studio Mir (2.18%). Entertainment, IT hardware and construction closed with strong results. Financials were weak in the 2% range, distribution and other services were weak in the 1% range, and IT software, manufacturing and transportation traded in the weak range.
Among the stocks with the highest market capitalization, Eo Technics showed strength in the 8% range. Dongjin Semichem rose in the 3% range, while JYP Ent., Rainbow Robotics, and Celltrion Pharmaceuticals rose in the 1% range. HLB, Alteogen, and Enchem were weak in the 4% range, Ecopro was weak in the 3% range, and Ecopro BM was weak in the 1% range. HPSP and Reno Industrial closed at a weak level.
The won/dollar exchange rate closed at 1347.2 won, up 1 won from the previous day. As of 3:50 pm on this day, Bitcoin (BTC) is trading at 104,150,000 won on Upbit, down 0.48% from the previous day.
[저작권자 @머니투데이, 무단전재 및 재배포 금지]
#Report #leader #trust #stock #triggered #weak #stock #market
