KOSPI Declines Amid Net Selling by Foreign Investors

[Asia Economy Reporter Minji Lee] The KOSPI is showing a downward trend due to net selling by foreign investors.

As of 9:15 a.m. on the 8th, the KOSPI stood at 3,101.19, down 0.60% (19.44 points) from the previous trading day. The index opened at 3,113.63, down 0.22% (7 points) on the day. Looking at investment trends, foreign investors alone sold stocks worth 84.5 billion KRW. Individuals and institutions bought stocks worth 6.6 billion KRW and 82 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics was down 0.48% from the previous trading day, at 83,100 KRW. SK Hynix (-1.18%), LG Chem (-1.95%), and Hyundai Motor (-7.21%) also declined.

At the same time, the KOSDAQ index stood at 961.51, down 0.61% (5.91 points) from the previous trading day. The index opened at 966.94, down 0.05% (0.48 points). Regarding investment trends, foreign and institutional investors net sold stocks worth 23.4 billion KRW and 22.8 billion KRW, respectively. Individuals alone bought stocks worth 48 billion KRW.

Among the top market capitalization stocks, Pearl Abyss (-1.5%), Seegene (-0.34%), Alteogen (-0.98%), EcoPro BM (-0.48%), and SK Materials (-1.72%) also declined.

Lee Kyung-min, a researcher at Daishin Securities, said, “The KOSPI has risen quickly in a short period, making this a burdensome zone,” adding, “Attention should be paid to changes in foreign investors’ supply and demand and the won-dollar exchange rate.”

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