Foreigners, 3 Consecutive Weeks of 'Palja'... KOSDAQ Continues 'Saja'

[Asia Economy Reporter Song Hwajeong] Foreign investors have shown net selling in the domestic stock market for three consecutive weeks. While selling pressure continued in the KOSPI, buying pressure persisted in the KOSDAQ.

According to the Korea Exchange on the 18th, foreign investors net sold approximately 842.7 billion KRW in the domestic stock market during the week from the 14th to the 18th. They sold 1.0987 trillion KRW in the KOSPI market but purchased 255.1 billion KRW in the KOSDAQ market.

The stock most purchased by foreign investors last week was Samsung SDI. Foreign investors net bought 153.7 billion KRW of Samsung SDI last week. This was followed by SK Hynix with 127.6 billion KRW. Other net purchases included LG Chem (90.9 billion KRW), Celltrion Healthcare (84.5 billion KRW), SK Biopharm (80.1 billion KRW), Korea Electric Power Corporation (KEPCO) (65.9 billion KRW), Doosan Fuel Cell (62.4 billion KRW), Doosan Solus (57.2 billion KRW), LG Display (38.7 billion KRW), and Hana Financial Group (36.1 billion KRW).

The stock most sold by foreign investors last week was Samsung Electronics Preferred Shares. Foreign investors net sold 642.5 billion KRW of Samsung Electronics Preferred Shares last week. This was followed by Samsung Electronics with 597.5 billion KRW sold. Other top net sales included Shinhan Financial Group (54.8 billion KRW), KB Financial Group (54.1 billion KRW), Kakao (53.6 billion KRW), POSCO (44.4 billion KRW), Celltrion (29.4 billion KRW), Samsung C&T Corporation (23.3 billion KRW), Mando (23.3 billion KRW), and HMM (21.6 billion KRW).

There is an opinion that the recent continuous selling trend by foreign investors will not reverse in the short term. Jeong Inji, a researcher at Yuanta Securities, said, "On the 4th, as the dollar index's downward trend stabilized, foreign investors returned to net selling," adding, "The dollar index shows a strong concentration phenomenon, and when the short-term decline stabilizes, it is expected to move sideways for a while, so the possibility of foreign investors forming a buying trend in the short term is low."

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