Foreigners and Institutions Net Sell, KOSPI Falls to 2760 Level... KOSDAQ Also Declines

On the 22nd, dealers are working in the dealing room of Hana Bank in Euljiro, Seoul. On this day, the KOSPI index opened at 2772.03, down 6.62 points (0.24%) from the previous trading day. Photo by Moon Honam munonam@

[Asia Economy Reporter Geum Bo-ryeong] On the morning of the 22nd, both the KOSPI and KOSDAQ fell together due to net selling by foreigners and institutions.

As of 9:29 AM that day, the KOSPI index recorded 2764.20, down 0.52% (14.45 points) compared to the previous trading day.

The KOSPI opened the session at 2772.03, down 0.24% (6.62 points) from the previous day, and then widened its decline.

In the KOSPI market, foreigners and institutions net sold 16.9 billion KRW and 19.2 billion KRW respectively. Meanwhile, individuals net bought 43.8 billion KRW.

By sector, food and beverages (0.4%) and distribution (0.91%) rose, but chemicals (1.26%) and machinery (1%) declined.

Among the top 10 companies by market capitalization, only NAVER (2.29%) and Kakao (0.92%) rose. Samsung Electronics (0.82%), SK Hynix (1.29%), and LG Chem (1.35%) fell.

At the same time, the KOSDAQ index was 950.13, down 0.36% (3.45 points) from the previous day.

The KOSDAQ opened at 953.48, down 0.01% (0.1 points) from the previous trading day, and continued a steep decline.

In the KOSDAQ market, foreigners and institutions net bought 63.7 billion KRW and 63.1 billion KRW respectively, while individuals net sold 170.9 billion KRW.

By sector, software (0.11%) rose, while semiconductors (0.92%) and internet (1.27%) declined.

Among the top market cap stocks, HL Biopharma (0.22%) rose, but Celltrion Healthcare (0.11%), Celltrion Pharm (1.8%), and Seegene (0.54%) fell.

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