Confusing Stock Market... KOSPI Shows Slight Decline

KOSDAQ Shows Slightly Firm Trend

[Image source=Yonhap News]

[Asia Economy Reporter Gong Byung-sun] The KOSPI is showing a slight decline amid mixed buying by institutions and selling by individuals.

As of 1:36 PM on the 26th, the KOSPI recorded 3165.35, down 0.19% (5.97 points) from the previous trading day. It started the day higher but fell to 3160.30 at 1:16 PM.

Selling pressure from individuals and foreigners led to the index's decline. On the day, individuals and foreigners net sold 162.7 billion KRW and 73.3 billion KRW, respectively. Institutions net bought 251.6 billion KRW.

Sector indices showed mixed results. The electric and gas industry posted the largest gain of 4.09%. This was followed by machinery (2.48%), telecommunications (1.16%), food and beverage (0.80%), and construction (0.67%). The sector with the largest decline was steel and metals, down 3.07%. This was followed by chemicals (-1.03%), textiles and apparel (-0.91%), transportation equipment (-0.70%), and banking (-0.46%).

Among the top 10 market capitalization stocks, many declined. LG Chem had the largest drop at -6.05%. This was followed by Samsung SDI (-1.56%), Hyundai Motor (-1.32%), Samsung Biologics (-1.29%), Celltrion (-0.55%), SK Hynix (-0.41%), and Kia (-0.37%). NAVER (1.96%) and Kakao (0.85%) rose. Samsung Electronics remained flat.

At the same time, the KOSDAQ recorded 965.57, up 0.36% (3.50 points) from the previous trading day. It rose to 967.47 at 9:55 AM.

The KOSDAQ saw strong buying from individuals. Individuals net bought 112.4 billion KRW. Foreigners and institutions net sold 21.5 billion KRW and 57.1 billion KRW, respectively.

Almost all sectors showed strength. Broadcasting services posted the largest gain of 2.43%, followed by information devices (2.02%), telecommunications and broadcasting services (1.93%), publishing and media replication (1.70%), and digital content (1.48%). Sectors that declined included textiles and apparel (-1.04%), transportation equipment and parts (-0.98%), distribution (-0.44%), non-metallic minerals (-0.43%), and semiconductors (-0.25%).

Among the top 10 market capitalization stocks showing strength, CJ ENM had the largest gain at 3.71%. This was followed by EcoPro BM (2.12%), Kakao Games (1.96%), Pearl Abyss (0.86%), SK Materials (0.19%), and Seegene (0.14%). HL Biopharma (-1.49%), Celltrion Pharm (-1.32%), Celltrion Healthcare (-0.85%), and Alteogen (-0.42%) declined.

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