KOSPI 'Mixed'.. Samsung Electronics and SK Hynix Weakness
On the 21st, the KOSPI index opened at 3,171.91, up 9.63 points (0.30%) from the previous trading day, as dealers were working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. On the same day, the won-dollar exchange rate started trading at 1,128.0 won, down 4.0 won from the previous trading day. Photo by Kang Jin-hyung aymsdream@
View original image[Asia Economy Reporter Junho Hwang] On the 24th, the KOSPI is showing mixed trends. Although individual investors continue to make net purchases, foreign and institutional investors are maintaining net sales, causing fluctuations.
As of 10:29 AM, the KOSPI is down 0.12% (3.86 points) at 3,152.56. Individuals are net buying 89.4 billion KRW, while foreigners and institutions are net selling 32.8 billion KRW and 48.0 billion KRW, respectively.
By sector, the electric and gas industry is up 2.65%. Telecommunications, textiles and apparel are also maintaining gains of around 1%. Transportation equipment, construction, finance, and food and beverage sectors are showing slight upward trends.
Among the top market capitalization stocks, Samsung Electronics is down 0.37% at 79,800 KRW. SK Hynix is also down 1.63% at 120,500 KRW, and NAVER has fallen 1.25% to 355,000 KRW.
The KOSDAQ is currently down 9.32 points (0.97%) at 956.31. Individuals are net buying 23.5 billion KRW, while foreigners and institutions are net selling 1.1 billion KRW and 18.4 billion KRW, respectively. By sector, transportation parts, entertainment, and internet sectors are on the rise, but all other sectors are showing declines.
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- Jinwoo Sunim: "We Must Abandon the Extremes of Surviving by Defeating Others"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Among the top market cap stocks, SK Materials is down 2.41% at 324,000 KRW. Conversely, HL Biopharma is up 2.95% at 33,200 KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.