Foreigners Reverse 'Palja' in Just One Week... Selling KOSPI and Buying KOSDAQ

[Asia Economy Reporter Song Hwajeong] Foreign investors have turned to 'selling' again in the domestic stock market after a week.

According to the Korea Exchange on the 10th, foreign investors net sold about 1.3493 trillion KRW in the domestic stock market during the week from the 4th to the 8th. They sold 1.5311 trillion KRW in the KOSPI market and bought 181.8 billion KRW in the KOSDAQ market.

The stock most purchased by foreign investors last week was Kakao. Foreign investors net bought Kakao by 139.5 billion KRW last week. This was followed by NCSoft, which they bought for 57.7 billion KRW. Other net purchases included LG Saenghwal Health Care (44.9 billion KRW), NAVER (42.8 billion KRW), Samsung Biologics (29.7 billion KRW), Celltrion Healthcare (26.3 billion KRW), Samsung SDI (25.0 billion KRW), Samsung Electro-Mechanics (22.9 billion KRW), LG Innotek (18.6 billion KRW), and Duzon Bizon (17.0 billion KRW).

The stock most sold by foreign investors last week was Samsung Electronics. Foreign investors net sold Samsung Electronics by 547.4 billion KRW last week. This was followed by LG Chem, which they sold for 190.6 billion KRW. Other top net sales included KB Financial Group (115.2 billion KRW), Shinhan Financial Group (55.8 billion KRW), KT&G (40.2 billion KRW), Hyundai Motor (37.5 billion KRW), Korea Electric Power Corporation (37.3 billion KRW), Samsung Life Insurance (33.3 billion KRW), Samsung Electronics Preferred Shares (30.4 billion KRW), and Hana Financial Group (30.0 billion KRW).

In the short term, the stock market is expected to show a pause in its movement. Kim Byung-yeon, a researcher at NH Investment & Securities, said, "Considering the funds waiting to buy, even if the stock market declines, it is advisable to interpret it as a pause due to valuation pressure rather than a sharp drop," adding, "There is still lingering anxiety about the early reopening of economic activities, and with economic indicators released lower than expected, the stock market is expected to show a pause centered on stock-specific movements in the short term." Kim also added, "However, if the reopening of economic activities in the US and Europe proceeds smoothly, the liquidity effect, confidence in economic rebound, and corporate earnings turnaround will combine to expand upward momentum."

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