KOSPI Falls to 2470 Level Amid Institutional Selling... KOSDAQ Slightly Rises

On the 11th, the KOSPI opened at 2,459.50, up 6.67 points (0.27%) from the previous day. (Photo by Yonhap News)

[Asia Economy Reporter Geum Bo-ryeong] On the 12th, the KOSPI index closed lower due to strong selling pressure from institutional investors.

On that day, the KOSPI closed at 2475.62, down 0.41% (10.25 points) from the previous session.

At the opening, the KOSPI was at 2482.68, down 0.13% (3.19 points) from the previous trading day, and fluctuated throughout the session.

In the KOSPI market, individual and foreign investors net bought 355.2 billion KRW and 488.7 billion KRW respectively, while institutions net sold 861.5 billion KRW.

By sector, transportation and warehousing (1.53%) and paper and wood products (1.46%) rose, while construction (1.41%) and distribution (0.73%) declined.

Among the top market capitalization companies, SK Hynix (1.26%), Samsung SDI (0.59%), Kakao (0.56%), and LG Household & Health Care (2.29%) rose, whereas Samsung Electronics (0.49%), Samsung Biologics (1.05%), and Celltrion (1.52%) fell.

The KOSDAQ index closed at 840.08, up 0.02% (0.18 points) from the previous session.

The KOSDAQ opened at 844.64, up 0.56% (4.74 points) from the previous trading day, maintaining strength but showed mixed trends with rises and falls after 12:25 PM.

In the KOSDAQ market, individuals and foreigners net bought 83 billion KRW and 6.3 billion KRW respectively, while institutions net sold 80.2 billion KRW.

By sector, telecommunication services (0.7%) and digital content (0.95%) rose, while telecommunication equipment (1.18%) declined.

Among the top 10 companies by market capitalization, Alteogen (2.19%), Kakao Games (0.62%), and EcoPro BM (0.14%) rose, while Celltrion Healthcare (0.74%), Seegene (2.21%), and Celltrion Pharm (3.41%) declined.

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