KOSPI Barely Holds 1500 Level with 4.8% Drop... KOSDAQ Also Down 3%
[Asia Economy Reporter Oh Ju-yeon] The KOSPI has fallen to the 1510 level. It is struggling to hold the 1500 level. The KOSDAQ index, which had risen by over 1% in the morning, also reversed to a decline of over 3%.
As of 10:45 a.m. on the 19th, the KOSPI temporarily dropped 4.82% from the previous trading day to 1,514.57.
Among the top market capitalization stocks, all declined except LG Household & Health Care (1.15%). Samsung Electronics fell 3.40% from the previous trading day to 44,050 KRW, and SK Hynix dropped 4.79% to 69,600 KRW.
Samsung Biologics fell below 400,000 KRW. It traded at 378,000 KRW, down 5.62% from the previous trading day.
The KOSDAQ index also rose by over 1% during the morning session but reversed to a decline of over 3%.
The KOSDAQ index recorded 470.00, down 3.12% from the previous trading day. Among the top market capitalization stocks, HLB (-1.17%) and CJ ENM (-2.75%) declined, while Pearl Abyss (2.12%) and Studio Dragon (4.48%) rose.
Individual investors continued to buy on this day as well.
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In the KOSPI market, individuals net purchased stocks worth 85.9 billion KRW. Foreign investors sold stocks worth 261.6 billion KRW, and institutions bought stocks worth 183.7 billion KRW.
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