KOSPI Starts Lower... Institutional and Foreign Investors Both Weak

On the 7th, the KOSPI opened at 3,244.59, up 4.51 points (+0.14%) from the previous trading day. Dealers are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

[Asia Economy Reporter Hwang Junho] On the 9th, the KOSPI started off weak. While foreigners and institutions continued net selling, individual investors' net buying supported the market.

On the 9th, the KOSPI opened at 3,245.08, down 2.75 points. This is a 0.0% decrease compared to the previous day's closing price. As of 9:21 AM, the decline widened to 0.33%. Individuals are net buying 197 billion KRW, while institutions and foreigners are net selling 127.3 billion KRW and 61.2 billion KRW respectively. Among all listed stocks, 392 are rising and 404 are falling.

By sector, textiles and apparel, machinery, electric and gas, transportation and warehousing, paper and wood, construction, services, non-metallic minerals, transportation equipment, chemicals, and medical precision sectors are on the rise. Among these, textiles and apparel, machinery, and electric and gas sectors are showing gains in the 1% range.

Among the top market cap stocks, Samsung Electronics is down 0.61% at 81,400 KRW. SK Hynix also fell 2.35%, and NAVER dropped 0.69%. On the other hand, Kakao is up 0.78% at 129,500 KRW.

On the 7th, the KOSPI opened at 3,244.59, up 4.51 points (+0.14%) from the previous trading day. Dealers are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

The KOSDAQ started the day higher. It opened at 986.59, up 0.47 points (0.05%), and maintained gains as of 9:21 AM. Individuals are net buying 18.6 billion KRW, while foreigners and institutions are net selling 14.9 billion KRW and 1.5 billion KRW respectively. Among all listed stocks, 616 are rising and 645 are falling.

By sector, transportation and parts sectors are showing gains in the 1% range. Additionally, metals, entertainment, digital, machinery equipment, and software sectors are also on the rise.

Among the top market cap stocks, KOSDAQ leaders such as Celltrion Healthcare (0.42%) and Celltrion Pharm (1.06%) are declining, while Kakao Games (1.44%), Pearl Abyss (1.53%), and CJ ENM (1.33%) are showing strength.

The key point to watch in today's market is the investment direction of individuals and foreigners. Following foreigners, individuals also ended the previous day with net selling, leading to a decline in the KOSPI. Foreigners are expected to continue cautious trading ahead of the U.S. inflation data release. They have net sold over the past two trading days.

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