KOSPI Falls Below 2130 Amid Downtrend... KOSDAQ Fluctuates Within Range

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[Asia Economy Reporter Geum Bo-ryeong] On the 18th, the KOSPI index fell below the 2140 level, showing a downward trend.

At 9:20 a.m. that day, the KOSPI index stood at 2129.38, down 11.67 points from the previous session.

The KOSPI opened at 2134.35, down 6.7 points (0.31%) from the previous trading day, and maintained its downward trend.

In the securities market, individuals net bought 149.6 billion KRW, while foreigners and institutions net sold 22 billion KRW and 129.8 billion KRW, respectively.

By sector, non-metallic minerals (0.76%), securities (1.45%), and transportation equipment (0.47%) rose, while machinery (1.17%) and electric and gas utilities (0.6%) declined.

Among the top 10 companies by market capitalization, LG Chem (0.2%) was the only one to rise. Samsung Electronics (0.57%), SK Hynix (0.69%), Samsung Biologics (0.49%), NAVER (0.6%), and Samsung SDI (0.65%) all fell.

Seo Sang-young, a researcher at Kiwoom Securities, said, "Federal Reserve Chairman Jerome Powell mentioned yesterday and again today that continuous economic stimulus policies will be maintained, raising expectations for a liquidity-driven market, but much of this has already been priced in, which is a burden." He added, "Considering this, the Korean stock market is expected to undergo a process of digesting sell-offs, with a differentiation between untact-related stocks and economically sensitive stocks."

At the same time, the KOSDAQ was up 0.05 points (0.01%) from the previous day at 735.45.

The KOSDAQ opened at 738.11, up 2.71 points (0.37%) from the previous session, then showed a downward trend falling to the 732 level, but rebounded and is moving within a box range.

In the KOSDAQ market, individuals net bought 58.3 billion KRW. In contrast, foreigners and institutions net sold 16.4 billion KRW and 33.8 billion KRW, respectively.

By sector, internet (1.31%), semiconductors (1.63%), and chemicals (1.09%) rose, while entertainment and culture (0.59%) and telecommunications broadcasting services (0.51%) declined.

Among the top market cap companies, Celltrion Pharm (0.58%), Alteogen (5.24%), Seegene (0.65%), and Pearl Abyss (0.19%) rose, while Celltrion Healthcare (0.19%), HLB (1.3%), and EcoPro BM (2.33%) fell.

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