KOSPI Ends Lower Amid Foreign and Institutional Selling Pressure... Breaks Below '2250 Level'

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] The KOSPI closed lower as it broke below the '2250 level' amid selling pressure from foreigners and institutions.

On the 31st, the KOSPI index closed at 2249.37, down 17.64 points (0.78%) from the previous day. The index opened at 2278.53, up 11.52 points (0.51%) from the previous session, maintaining an early upward trend but soon shifted to a downward trend.

By trading participants, individuals reduced the decline by net buying 472.5 billion KRW. In contrast, foreigners and institutions net sold 85.3 billion KRW and 393.8 billion KRW, respectively.

Top market capitalization stocks showed mixed movements. Samsung Electronics (-1.86%), SK Hynix (-2.93%), Samsung Biologics (-0.41%), Celltrion (-1.17%), and Hyundai Motor (-0.78%) declined. Meanwhile, NAVER (2.38%), LG Chem (7.17%), Kakao (3.46%), and Samsung SDI (3.65%) rose.

The KOSDAQ closed higher, supported by individual investors' buying. The index rose 1.11 points (0.14%) to 815.30. It opened at 817.52, up 3.33 points (0.41%) from the previous session, continuing the upward trend.

By trading participants, individuals net bought 239.9 billion KRW, while foreigners and institutions net sold 86.1 billion KRW and 139 billion KRW, respectively.

Top market capitalization stocks showed mixed movements. Seegene (6.85%) and Alteogen (9.06%) showed strong performance, while Celltrion Healthcare (-1.15%), Celltrion Pharm (-0.25%), and KMW (-0.56%) declined.

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