KOSPI Falls Below 1900... KOSDAQ Also Breaks Below 600

On the 11th, the KOSPI index opened at 1965.67, up 2.74 points (0.14%) from the previous trading day, as dealers were working in the dealing room of KEB Hana Bank in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

[Asia Economy Reporter Geum Bo-ryeong] On the afternoon of the 11th, the KOSPI index fell below the 1900 mark.

At 2:37 PM that day, the KOSPI recorded 1899.87, down 63.06 points (3.21%) from the previous session.

The KOSPI opened at 1965.67, up 2.74 points (0.14%) from the previous trading day, but after fluctuating within a narrow range in the early session, the downward trend deepened in the afternoon.

In the securities market, foreigners and institutions sold a net amount of 673.9 billion KRW and 387.4 billion KRW respectively, while individuals bought a net amount of 991.2 billion KRW.

By sector, electric and gas utilities (4.67%), transportation and warehousing (2.58%), medical precision (4.8%), and electrical and electronics (4.4%) declined.

All of the top 10 companies by market capitalization were down. Samsung Electronics (4.76%), SK Hynix (4.38%), Samsung Biologics (2.42%), NAVER (1.74%), LG Chem (2.54%), and Celltrion (3.87%) all fell.

At the same time, the KOSDAQ index fell below the 600 mark, recording 591.41, down 28.56 points (4.61%) from the previous session.

The KOSDAQ opened at 621.12, up 1.15 points (0.19%) from the previous session, moved within a box range, and then continued its weakness.

In the KOSDAQ market, foreigners and institutions sold a net amount of 279.3 billion KRW and 45.6 billion KRW respectively, while individuals bought a net amount of 327.4 billion KRW.

By sector, paper and wood (5.28%), pharmaceuticals (5.21%), machinery equipment (5%), and telecommunications equipment (3.31%) declined.

Within the top 10 by market capitalization in the KOSDAQ market, all declined. Celltrion Healthcare (2.94%), HL Biopharma (4.91%), CJ ENM (5.56%), and Pearl Abyss (3.47%) all fell.

This content was produced with the assistance of AI translation services.