KOSPI Holds at 1500 Level... Foreigners Continue Net Selling Pressure

On the 23rd, dealers are working in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

[Asia Economy Reporter Geum Bo-ryeong] On the afternoon of the 23rd, the KOSPI is maintaining the 1500 level.

At 1:20 PM that day, the KOSPI recorded 1511.53, down 54.62 points (3.49%) from the previous trading day.

The KOSPI opened at 1474.45, down 91.70 points (5.86%) from the previous trading day, and during the session fell as low as 1458.41.

In the securities market, individuals net bought stocks worth 613.8 billion KRW. Foreigners and institutions net sold 441 billion KRW and 206.5 billion KRW, respectively.

By sector, textiles and apparel (8.97%), machinery (4.03%), and banking (5.42%) declined, while pharmaceuticals (5.5%) and electricity and gas (1.42%) rose.

Among the top 10 companies by market capitalization, Samsung Biologics (3.49%) and Celltrion (10.82%) were on the rise. Meanwhile, Samsung Electronics (5.29%), SK Hynix (6.15%), and NAVER (5.52%) declined.

At the same time, the KOSDAQ index was 452.92, down 14.83 points (3.17%) from the previous session.

The KOSDAQ opened at 443.51, down 24.24 points (5.18%) from the previous session, continuing its downward trend.

In the KOSDAQ market, individuals net bought 165.5 billion KRW, while foreigners and institutions net sold 91.1 billion KRW and 78.7 billion KRW, respectively.

By sector, food and tobacco (4.62%), chemicals (4.58%), internet (3.95%), and paper and wood (3.43%) declined.

Among the top market cap stocks, Celltrion Healthcare (11.54%), Seegene (1.32%), and Celltrion Pharm (29.04%) rose, while Pearl Abyss (4.81%) and CJ ENM (6.06%) declined.

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