Institutional Investors Continue Net Selling... KOSPI Fluctuates Around 3110 Level
[Asia Economy Reporter Minji Lee] The KOSPI is fluctuating between gains and losses. While institutional investors continue to sell, foreign investors have switched to net buying.
As of 1:48 PM on the 5th, the KOSPI stood at 3,113.36, up 0.02% (0.56 points) from the previous trading day. The KOSPI opened at 3,121.21, up 0.27% (8.43 points) from the previous day, and has been alternating between rises and falls since. In terms of investor activity, foreign investors and individuals purchased stocks worth 31 billion KRW and 343.7 billion KRW respectively. Institutions were the sole sellers, offloading stocks worth 381.1 billion KRW.
Among the top market capitalization stocks, Samsung Electronics (0.35%), SK Hynix (1.06%), Hyundai Motor (0.21%), and Kakao (0.80%) showed upward trends.
At the same time, the KOSDAQ index stood at 969.64, down 0.05% (0.45 points) from the previous trading day. The KOSDAQ opened at 971.04, up 0.10% (0.95 points) from the previous day, but continued a downward trend. Regarding investor activity, individuals were the sole buyers, purchasing stocks worth 46 billion KRW. Foreign investors and institutions sold stocks worth 23.8 billion KRW and 14 billion KRW respectively.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Most of the top market capitalization stocks showed declines. Celltrion Healthcare (-2.93%), Celltrion Pharm (-2.15%), Pearl Abyss (-1.38%), HLB (-2.3%), and EcoPro BM (-0.71%) all fell.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.