KOSPI Retreats to 2210 Level Amid Short-Term Surge Fatigue...
[Asia Economy Reporter Park Jihwan] The KOSPI closed lower after four consecutive days of gains. On the 7th, the KOSPI ended the session at 2211.95, down 15.99 points (0.72%) from the previous trading day (2227.94).
On this day, the KOSPI retreated to the 2210 level due to fatigue from the recent sharp rise. The index opened at 2221.49, down 6.45 points (0.29%) from the previous close, and extended its losses, falling as low as 2198.14 during intraday trading.
By investor type, individuals and foreigners were net buyers of 391.2 billion KRW and 21.6 billion KRW respectively, while institutions were net sellers of 464.8 billion KRW.
By sector, transportation equipment (-1.34%), distribution (-0.52%), and construction (-0.32%) declined. Meanwhile, medical precision (0.08%) and non-ferrous metals (0.67%) rose.
Most of the top market capitalization stocks fell. Samsung Electronics (-1.15%), SK Hynix (-1.19%), and Hyundai Motor (-0.76%) declined, while Naver (1.93%) and LG Chem (1.18%) rose.
On the KOSPI market that day, 336 stocks rose, including 4 stocks that hit the daily upper limit, while 490 stocks fell with no stocks hitting the daily lower limit. 80 stocks remained unchanged.
The KOSDAQ index closed at 672.63, down 0.06 points (0.01%) from the previous trading day (672.69).
By investor type, individuals were net buyers of 150.4 billion KRW, while foreigners and institutions were net sellers of 61.2 billion KRW and 88.6 billion KRW respectively. By sector, construction (0.57%) and transportation (0.58%) rose, while distribution (-0.40%) and finance (-0.28%) declined.
Among the top market capitalization stocks on the KOSDAQ, Celltrion Healthcare (-0.34%), HL Biopharma (-1.82%), and CJ ENM (-0.55%) declined. On the other hand, Pearl Abyss (1.12%), Medytox (0.29%), and Helixmith (0.74%) rose.
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On the KOSDAQ market that day, 575 stocks rose, including 2 stocks that hit the daily upper limit, while 649 stocks fell with no stocks hitting the daily lower limit. 120 stocks remained unchanged.
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