KOSPI and KOSDAQ Indexes Continue Decline in the Afternoon

[Asia Economy Reporter Minji Lee] As institutions and foreigners expanded their net selling in the KOSPI and KOSDAQ markets, the indices are showing a decline of over 1%.

At 1:34 PM on the 28th, the KOSPI stood at 3189.33, down 26.09 points (0.81%) from the previous trading day. The index opened at 3217.21, up 1.79 points (0.06%) from the previous day, but soon slipped below the 3200 level.

Looking at investor trends, the net selling by foreigners and institutions increased. These two groups sold stocks worth 358.5 billion KRW and 415.7 billion KRW respectively in the KOSPI market, while individuals alone purchased stocks worth 801.1 billion KRW.

Among the top market capitalization stocks, most showed a downward trend. Samsung Electronics (-0.6%), SK Hynix (-3.33%), LG Chem (-0.22%), NAVER (-0.71%), and Kakao (-0.82%) also declined.

At the same time, the KOSDAQ index stood at 1004.13, down 16.88 points (1.65%) from the previous trading day. The index opened at 1021.13, up 0.12 points (0.01%) from the previous day, but quickly turned downward and is barely holding above the 1000 level.

Regarding investor trends in the KOSDAQ market, individuals alone purchased stocks worth 353.1 billion KRW, while foreigners and institutions sold stocks worth 149.1 billion KRW and 169.9 billion KRW respectively.

Top market capitalization stocks all showed significant declines. Celltrion Healthcare (-2.76%), Celltrion Pharm (-2.25%), Kakao Games (-0.36%), and EcoPro BM (-3.83%) also fell.

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