KOSPI Falls Over 1% to 1730 Level... KOSDAQ Also Turns Down

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] On the afternoon of the 1st, the KOSPI fluctuated around the 1730 level, showing a decline of over 1%. The domestic stock market fell as the decline in New York stock index futures widened.

As of 2:31 PM, the KOSPI was trading at 1731.05, down 23.59 points (1.34%) from the previous day. The KOSPI index, which started the day down about 1%, rose to as high as 1762.44 during the session.

While individual investors are net buyers with 664.5 billion KRW, foreigners and institutions are net sellers with 429.8 billion KRW and 257.8 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics (-1.57%), Celltrion (-5.68%), Samsung Biologics (-4.32%), SK Hynix (-4.32%), LG Chem (-2.46%), and Naver (-2.35%) are showing weakness.

The KOSDAQ is also down 2.10 points (0.37%) at 568.86. Although it rose more than 1% during the session, the gains narrowed and it eventually turned downward.

Individual investors are net buyers with 129.6 billion KRW, while foreigners and institutions are net sellers with 100.6 billion KRW and 17.1 billion KRW, respectively.

Among the top market cap stocks, Seegene (-14.13%) and Celltrion Pharm (-7.58%) are widening their losses. On the other hand, KMV (13.55%) and HL Biopharma (4.33%) are on the rise.

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