KOSPI Mixed Trend... Continued Net Selling by Individuals

On the first day of the partial resumption of short selling on the 3rd, the KOSPI index is displayed on the electronic board in the dealing room of Hana Bank in Euljiro, Seoul. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Hwang Junho] On the morning of the 4th, the KOSPI showed mixed trends due to the impact of short selling and declines in major Asian stock markets. Amid notable net selling by individuals and foreigners, downward pressure on the stock market is increasing.

On this day, the KOSPI fell by 0.19% (5.93 points) to 3121.27. Individuals and foreigners are net selling 26.8 billion KRW and 73.3 billion KRW respectively, while institutions are net buying 89.7 billion KRW. Among all listed stocks, 243 stocks are rising, while 612 stocks are falling.

Among sectors, telecommunications rose by 1.17%, and sectors such as electrical and electronics, non-metallic minerals, transportation equipment, and steel and metals showed strength. Among the top market capitalization stocks, Samsung Electronics rose by 0.73%. Hyundai Motor (2.52%), Celltrion (1.4%), and Samsung SDI (0.94%) also showed upward trends.

Notably, SK Telecom recorded a price of 307,500 KRW, up 3,000 KRW (0.99%) compared to the previous trading day as of 10:47 AM, following news of the cancellation of treasury shares worth 2.6 trillion KRW. The stock price reached 322,000 KRW during the session, setting a new 52-week high.

The KOSDAQ fell by 1.17% to 950.53. Individuals are net buying 24.8 billion KRW, while foreigners and institutions are net selling 17.6 billion KRW and 5.7 billion KRW respectively. Sectors such as finance, paper and wood, broadcasting services, and distribution showed strength. Among the top market capitalization stocks, Celltrion Healthcare, Celltrion Pharm, SK Materials, and HL Biotech are showing upward trends.

On the same day, South Korea's Consumer Price Index (CPI) rose by 0.20% compared to the previous month. The previous figure was 0.10%. On the same day, China's Shanghai Composite Index fell by 0.81%, and the Shenzhen Composite also declined by 0.29%. The Hong Kong Hang Seng Index rose by 0.17%.

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