KOSDAQ Starts Up but Turns Down... Records 950 Level
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[Asia Economy Reporter Ji-hwan Park] On the 29th, the KOSDAQ started on an upward trend but turned downward and is hovering around the 950 level.
As of 9:45 AM, the KOSDAQ is at 956.24, down 0.49 points (0.05%) compared to the previous day. The index opened at 956.88, up 0.02% (0.18 points) from the previous trading day, but turned downward around 9:41 AM.
Foreign investors and institutions are both selling. Foreigners sold stocks worth 38.8 billion KRW, and institutions sold 31.2 billion KRW. On the other hand, individuals are buying stocks worth 76.6 billion KRW.
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At the same time, the KOSPI is also declining. The index is at 3,028.27, down 12.74 points (0.42%) from the previous day. The market opened at 3,047.71, up 0.22% (6.70 points) from the previous trading day. It once rose to 3,054.21, showing a strong trend, but soon turned downward.
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