KOSPI Taking a Breather... Slightly Lower in the Afternoon
KOSDAQ Also Maintains Strong Slightly Firm Trend from Early Trading Session
On the 18th, dealers are working in the dealing room of Hana Bank in Euljiro, Jung-gu, Seoul.
View original image[Asia Economy Reporter Minwoo Lee] On the 19th, the KOSPI index's slight decline observed from the early session continued into the afternoon.
On this day, the KOSPI recorded 2,533.31, down 0.48% (12.33 points) from the previous day. It started at 2,536.89, down 0.34% from the previous trading day, and then slightly widened its losses.
By investor type, foreigners and individuals were net buyers of 48.2 billion KRW and 246.5 billion KRW respectively. Institutions were net sellers of 280.6 billion KRW.
Many sectors declined. The transportation and warehousing sector had the largest drop at -2.03%. This was followed by electric and gas utilities (-1.84%), construction (-1.64%), and securities (-1.57%). Meanwhile, machinery (2.65%), insurance (1.87%), and pharmaceuticals (0.93%) rose.
Among the top 10 companies by market capitalization, Samsung SDI showed the largest gain at 2.7%. This was followed by Celltrion (1.5%), LG Chem (1.2%), Kakao (0.4%), and Hyundai Motor (0.2%). On the other hand, Samsung Electronics (-1.2%), SK Hynix (-1.0%), LG Household & Health Care (-0.6%), Samsung Biologics (-0.4%), and NAVER (-0.3%) declined.
Meanwhile, the KOSDAQ showed a slight upward trend. At the same time, it recorded 854.99, up 0.38% (3.25 points) from the previous day. It opened at 851.68, up 0.01% from the previous trading day, and showed little fluctuation thereafter.
Only individuals were net buyers with 200.1 billion KRW. Foreigners and institutions sold 62.9 billion KRW and 111.2 billion KRW respectively.
Relatively more sectors rose. The software sector had the largest increase at 2.86%. This was followed by general electric and electronics (1.44%), semiconductors (1.28%), other services (1.23%), and non-metallic minerals (1.14%). Meanwhile, textiles and apparel (-1.28%), broadcasting services (-1.13%), and entertainment and culture (-1.11%) declined.
Among the top market cap stocks, EcoPro BM stood out with a 3.6% rise. This was followed by Celltrion Pharm (3.1%), Celltrion Healthcare (1.2%), Genexine (0.7%), and Seegene (0.6%). On the other hand, Pearl Abyss (-1.7%), CJ ENM (-1.4%), HLB (-1.1%), Kakao Games (-1.0%), and Alteogen (-0.9%) declined.
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