KOSPI Falls Below 1850... KOSDAQ Also Declines Together

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[Asia Economy Reporter Geum Bo-ryeong] On the 13th, the KOSPI and KOSDAQ opened the market with a slight decline.

As of 9:10 a.m. that day, the KOSPI was at 1850.85, down 9.85 points (0.53%) from the previous session.

The KOSPI opened at 1853.30, down 7.40 points (0.40%) compared to the previous trading day, and continued its downward trend, briefly breaking below the 1850 level during the session.

In the securities market, individuals were net buyers of 130.2 billion KRW, while foreigners and institutions were net sellers of 35.9 billion KRW and 95.7 billion KRW, respectively.

By sector, pharmaceuticals (1.21%), steel & metals (2.46%), and electric & gas utilities (5.13%) rose, while chemicals (1.13%), electrical & electronics (1.51%), and transportation equipment (2.23%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (1.52%), SK Hynix (2.14%), NAVER (1.2%), and LG Chem (2.01%) fell. On the other hand, Samsung Biologics (1.61%) and Celltrion (2.15%) rose.

Seo Sang-young, a researcher at Kiwoom Securities, analyzed, "The domestic stock market is expected to show increased volatility as downward factors such as expanded volatility in international oil prices, weak economic indicators, and slowing corporate earnings collide with upward factors such as expectations for the peak of COVID-19 cases and hopes for the reopening of economies worldwide. However, considering that the upward factors were already priced in last week, the market is likely to react more sensitively to the downward factors this week."

At the same time, the KOSDAQ index was at 609.65, down 1.61 points (0.26%) from the previous session.

The KOSDAQ started at 609.94, down 1.32 points (0.22%) from the previous session, maintaining a weak trend.

In the KOSDAQ market, individuals and foreigners were net buyers of 26.8 billion KRW and 3.0 billion KRW, respectively, while institutions were net sellers of 26.8 billion KRW.

By sector, pharmaceuticals (1.11%) and food & tobacco (0.29%) rose, while semiconductors (2.23%) and non-metallic minerals (1.24%) declined.

Among the top 10 companies by market capitalization, Celltrion Healthcare (2.89%), HL Biopharma (1.23%), Celltrion Pharm (6.42%), and Studio Dragon (0.65%) rose. Pearl Abyss (2.24%), CJ ENM (2.06%), KMH (1.47%), and Seegene (3.56%) fell.

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