KOSPI Ends Just Above 2200 After Three Consecutive Declines... KOSDAQ Returns to 700 Level

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] The KOSPI closed the week just above the 2200 mark, falling nearly 1%. The KOSDAQ index also ended the day down, dropping back to the 700 level after a day.

On the 24th, the KOSPI closed at 2200.44, down 15.75 points (0.71%) from the previous day. The KOSPI started lower, fluctuated during the morning session showing mixed trends, then turned downward around noon and maintained a decline of about 0.5% until the close.

Looking at trading trends by participant, institutional investors led the decline by net selling 363.7 billion KRW. In contrast, individual and foreign investors were net buyers with 285.8 billion KRW and 83.9 billion KRW respectively.

By sector, medical precision (-2.35%), transportation equipment (-1.67%), and telecommunications (-1.59%) declined, while construction (0.19%) and electrical and electronics (0.04%) saw slight gains.

Among the top market capitalization stocks, SK Hynix (1.58%) and Samsung Electronics (0.18%) rose, whereas Hyundai Mobis (-3.78%), LG Chem (-3.01%), Samsung SDI (-2.59%), and Samsung Biologics (-2.58%) fell.

On the KOSPI market that day, 270 stocks rose including 5 that hit the upper price limit, 583 stocks fell including 1 that hit the lower price limit, and 53 stocks remained unchanged.

The KOSDAQ index also closed lower. It started the day down and showed mixed trends in the morning session with rises and falls, then like the KOSPI, turned downward around noon. It maintained a decline within 1% and closed at 794.80, down 6.89 points (0.86%) from the previous trading day.

By trading participant, foreign and institutional investors were net sellers of 125.3 billion KRW and 42.7 billion KRW respectively, while individual investors were net buyers of 186.4 billion KRW.

By sector, pharmaceuticals (0.99%), other manufacturing (0.25%), and non-metallics (0.23%) rose, while general electrical and electronics (-2.38%), paper and wood (-2.30%), and software (-2.26%) declined.

Among the top market capitalization stocks, Kolmar BNH (2.66%), Lino Industrial (1.66%), and Celltrion Pharm (0.24%) rose. Conversely, EcoPro BM (-4.31%), Alteogen (-4.16%), KMW (-3.10%), and Studio Dragon (-2.74%) fell.

On the KOSDAQ market that day, 346 stocks rose including 2 that hit the upper price limit, 907 stocks fell with no stocks hitting the lower price limit, and 82 stocks remained unchanged.

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