KOSPI and KOSDAQ Fall for First Time in 5 Days Amid Foreign and Institutional Net Selling

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[Asia Economy Reporter Eunmo Koo] Both the KOSPI and KOSDAQ markets closed lower after five trading days due to net selling by foreign and institutional investors.

On the 27th, the KOSPI closed at 2344.87, down 24.87 points (1.05%) from the previous day. The KOSPI started the day higher but turned lower shortly after the opening, then continued a slight decline throughout the session before widening losses in the latter part of the trading day to close near the 2340 level. The decline ended a four-day consecutive upward trend.

Looking at trading trends by participant, institutional and foreign investors led the index decline with net sales of 472.6 billion KRW and 24.5 billion KRW, respectively. In contrast, individual investors net bought 465.8 billion KRW.

By sector, service industries (1.15%) and paper & wood (0.11%) rose, while transportation equipment (-2.41%), distribution (-2.36%), and textiles & apparel (-2.24%) declined.

Among the top market capitalization stocks, NCSoft (5.50%), Kakao (4.72%), Samsung SDI (2.74%), and NAVER (0.90%) rose, whereas Samsung C&T (-3.48%), Hyundai Mobis (-2.91%), Hyundai Motor (-2.39%), Celltrion (-1.93%), and Samsung Electronics (-1.42%) fell.

In the KOSPI market, 152 stocks rose, including 3 stocks hitting the upper limit, while 725 stocks declined with no stocks hitting the lower limit. 28 stocks remained unchanged.

The KOSDAQ index also ended its four-day consecutive rise and closed lower. The KOSDAQ started higher but showed mixed trends early in the session, turning lower around 10 a.m. and maintaining a decline of about 0.5%, closing at 836.40, down 4.95 points (0.59%) from the previous day.

Similar to the KOSPI market, foreign and institutional investors net sold 126.2 billion KRW and 85.8 billion KRW, respectively, pulling the index down. Individual investors net bought 278.2 billion KRW.

By sector, computer services (3.08%), digital content (2.34%), and software (2.29%) rose, while machinery & equipment (-2.66%), construction (-2.18%), and distribution (-1.83%) declined.

Among the top market capitalization stocks, Genexine surged 16.99%, with Seegene (4.17%), MedPacto (1.57%), and KMW (0.67%) also rising. Meanwhile, Celltrion Pharm (-3.01%), CJ ENM (-2.96%), Alteogen (-2.40%), Kolmar BNH (-2.09%), and Celltrion Healthcare (-1.93%) declined.

In the KOSDAQ market, 340 stocks rose, including 9 stocks hitting the upper limit, while 972 stocks declined with no stocks hitting the lower limit. 46 stocks remained unchanged.

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