Foreign Investors' Net Selling Streak Continues for 11 Consecutive Trading Days in the KOSPI Market
On the 19th, an employee is walking in front of the stock market status board at the KB Kookmin Bank dealing room in Yeouido, Yeongdeungpo-gu, Seoul. (Photo by Yonhap News)
View original image[Asia Economy Reporter Kum Bo-ryeong] Due to the impact of the novel coronavirus infection (COVID-19), foreign investors have been continuously net selling in the domestic market.
According to Daishin Securities on the 19th, foreign investors net sold stocks worth 617.8 billion KRW in the KOSPI market that day. On the other hand, individuals and institutions net bought 243.8 billion KRW and 288.9 billion KRW, respectively.
Foreign investors have been on a net selling streak for 11 consecutive trading days since the 5th. During this period, foreign investors net sold a total of 8.5681 trillion KRW. In contrast, individuals net bought 7.4626 trillion KRW during the same period.
On that day, the KOSPI closed at 1,457.64, down 133.56 points (8.39%) from the previous session.
Looking at the sectors sold by foreign investors, food and beverages accounted for 11.5 billion KRW, chemicals 132.6 billion KRW, electrical and electronics 398.3 billion KRW, and banking 1 billion KRW.
The stock with the highest trading volume in the regular market was Samsung Electronics, with a total of 56,759,067 shares traded. Following were Heung-A Shipping and Seoul Food, among others.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- Lee Administration Faces Labor Policy Test Ahead of Samsung Strike... CLRC: "Labor-Management Post-Mediation Starts Today"
- "Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
The stock with the highest trading value was also Samsung Electronics. On that day, Samsung Electronics' trading value was 2.49564578 trillion KRW. SK Hynix, Samsung SDI, and Celltrion followed.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.