KOSDAQ jumped nearly 6% on heavy institutional buying, triggering the buy-side
sidecar for a third consecutive session — the first time all three consecutive
triggers have been buy-side. Institutional investors were the market driver, net
buying KRW 543 billion; retail and foreign investors net sold KRW 258 billion
and KRW 277 billion respectively. Institutions have recorded net purchases for
three straight sessions, totaling over KRW 1 trillion. KOSPI, which dipped
intraday, closed up just over 1% after late-session institutional selling eased.
