KOSPI Narrows Loss to 1% Range, Fluctuates Around 1910 Level... KOSDAQ Turns to Gains
[Asia Economy Reporter Oh Ju-yeon] On the morning of the 4th, the KOSPI, which had fallen more than 2% during the session and dropped below the 1900 level, reduced its decline to the 1% range.
As of 1:52 PM that day, the KOSPI recorded 1910.16, down 1.92% from the previous trading day. The KOSPI opened at 1906.42 and, due to selling by foreign investors, briefly plunged 2.64% compared to the previous day to 1896.08 in the morning, but the decline narrowed in the afternoon.
Among the top market capitalization stocks, Samsung Electronics (-2.20%), SK Hynix (-2.03%), Samsung Biologics (-2.58%), and Celltrion (-1.19%) fell. NAVER and Kakao rose by 0.51% and 0.54%, respectively, compared to the previous trading day.
By investor type, individual investors net bought stocks worth 1.2708 trillion KRW, while foreigners and institutions net sold stocks worth 783.6 billion KRW and 522.6 billion KRW, respectively.
The KOSDAQ index, which started with a decline in the 1% range, reversed to an increase.
At this time, the KOSDAQ index recorded 645.54, up 0.06% from the previous trading day. Individuals and foreigners bought stocks worth 55.9 billion KRW and 5.9 billion KRW, respectively, lifting the index. Institutions net sold stocks worth 54.5 billion KRW.
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Among the top market capitalization stocks, Celltrion Healthcare (-0.95%), CJ ENM (-2.19%), and Pearl Abyss (-1.30%) declined, but HL Biopharma (1.25%) and Celltrion Pharm (1.98%) rose.
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