KOSPI Recovers to '3200 Level'...Individual Investors Stand Alone in Net Buying
[Asia Economy Reporter Park Jihwan] The KOSPI, which hit an all-time high the previous day, is showing a weak trend in the afternoon following the morning session. However, it is recovering the '3200 level' that had collapsed due to large-scale selling by foreigners and institutions, gradually reducing its losses as time passes.
As of 1:14 PM on the 11th, the KOSPI stood at 3203.60, down 45.70 points (1.41%) from the previous day. The KOSPI, which reached an all-time closing high of 3249.30 the day before, opened at 3239.92, down 9.38 points (0.29%). During the session, it briefly fell below the 3200 level.
By investor type, individuals were net buyers with 2.6162 trillion KRW. Foreigners and institutions were net sellers with 1.5027 trillion KRW and 1.1062 trillion KRW, respectively.
Among the top market capitalization stocks, most showed a decline, including Samsung Electronics (-2.04%). SK Hynix (-5.00%), NAVER (-3.59%), Samsung Biologics (-0.98%), and Hyundai Motor (-1.53%) also fell. On the other hand, LG Chem rose slightly by 0.22%.
At the same time, the KOSDAQ was down 14.92 points (1.50%) from the previous day, standing at 977.88. By investor type, individuals were net buyers with 392.3 billion KRW, while foreigners and institutions were net sellers with 184.7 billion KRW and 191.9 billion KRW, respectively.
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Among the top market capitalization stocks, all except CJ ENM (0.59%) were weak. Celltrion Healthcare (-1.72%), Celltrion Pharm (-1.74%), Pearl Abyss (-3.10%), and Kakao Games (-1.48%) declined.
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