KOSPI and KOSDAQ Turn Down as Institutions and Foreigners Net Sell

[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices turned downward due to net selling by institutions and foreigners.

As of 10:46 a.m. on the 7th, the KOSPI stood at 2,715.79, down 0.57% (15.66 points) from the previous trading day. The index opened at 2,738.11, up 0.24% (6.66 points) from the previous day, but the gains narrowed and it turned downward. Looking at investment trends, individuals alone bought stocks worth 819.5 billion KRW, while foreigners and institutions sold stocks worth 174.3 billion KRW and 631.7 billion KRW, respectively.

On the 7th, dealers are working in the Hana Bank dealing room in Euljiro, Seoul, where the KOSPI index started on an upward trend. On that day, the KOSPI opened at 2,738.11, up 6.66 points (0.24%) from the previous trading day. Photo by Moon Honam munonam@

Among the top market capitalization stocks, Samsung Electronics traded at 72,200 KRW, up 0.98% from the previous session. On the other hand, LG Chem (-4.14%), Naver (-1.7%), Hyundai Motor (-3.05%), and Samsung SDI (-1.63%) declined.

The KOSDAQ index also stood at 911.74, down 0.22% (2.02 points) from the previous trading day at the same time. The index started at 914.15, up 0.04% (0.39 points) from the previous day, but the gains narrowed and it turned downward. In the KOSDAQ market as well, individuals alone bought stocks worth 116.7 billion KRW, while institutions and foreigners sold stocks worth 64.1 billion KRW and 40.9 billion KRW, respectively.

Among the top market capitalization stocks, Celltrion Healthcare traded up 6.15% at 158,900 KRW. Seegene (4.07%), HLB (4.93%), Alteogen (1.85%), and Genexine (1.46%) also rose.

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