KOSPI and KOSDAQ Continue Decline into the Afternoon

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[Asia Economy Reporter Eunmo Koo] The KOSPI and KOSDAQ markets continue to decline into the afternoon session.

On the 4th, the KOSPI opened at 2,332.68, down 63.22 points (2.64%) from the previous trading day. The market started lower due to the plunge in the U.S. stock market, falling more than 2% in the early session to the 2,340 level, but then narrowed the losses and recovered to the 2,350 level. As of 1:15 PM, it is recording 2,356.98, down 38.92 points (1.62%) from the previous day.

Looking at the trading participants, institutions and foreign investors are net sellers by {$_억 원 and {$_억 원 respectively, pulling the index down. On the other hand, individual investors are net buyers by {$_억 원.

Most of the top market capitalization stocks are declining. From Samsung Electronics, ranked first in market cap, to SK, ranked 19th, all are down, while SK Biopharm, ranked 20th, is showing gains.

The KOSDAQ index is also retreating, falling more than 1%. The KOSDAQ index opened at 841.37, down 32.76 points (3.75%) from the previous day, and fell to the 850 level in the early session due to net selling by foreign and institutional investors. As of 1:15 PM, it is at 859.37, down 14.76 points (1.69%) from the previous day.

Regarding the current supply and demand situation, similar to the KOSPI market, institutions and foreign investors are net sellers by 119.4 billion KRW and 108.7 billion KRW respectively. Meanwhile, individual investors are net buyers by 235.9 billion KRW.

Most of the top market capitalization stocks in the KOSDAQ market are also declining. Alteogen, Seegene, CJ ENM, and HLB are down, while Pearl Abyss, MedPacto, and KMW are rising.

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