KOSPI and KOSDAQ Fall Amid Foreign and Institutional Selling... Intensified Mixed Trends
[Asia Economy Reporter Lee Seon-ae] On the 27th, the KOSPI and KOSDAQ indices, which started higher, are showing a downward trend due to selling by foreigners and institutions.
As of 1:12 PM on the 27th, the KOSPI is down 2.70 points (0.09%) at 313.76, and the KOSDAQ is down 3.52 points (0.35%) at 990.50. Although the day started with gains, the indices soon turned downward, rebounded briefly, but then fell again amid continued selling by foreigners and institutions.
In the securities market, individuals are net buyers with 529.7 billion KRW, while foreigners and institutions are net sellers with 378.6 billion KRW and 126.7 billion KRW, respectively. In the KOSDAQ market, individuals are net buyers with 303.0 billion KRW, but foreigners and institutions are net sellers with 138.6 billion KRW and 142.0 billion KRW, respectively.
By sector, in the securities market, most sectors such as Food and Beverage (0.01%), Textile and Apparel (0.97%), Steel and Metals (0.21%), and Electrical and Electronics (0.46%) are showing declines. In the KOSDAQ market, most sectors including Manufacturing (0.31%), Construction (0.57%), and Food and Beverage (0.78%) are also in a downward trend.
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