KOSPI Falls 1.4%... KOSDAQ 1000 Level Also Shaken

Foreigners and Institutions Continue Joint Selling

[Asia Economy Reporter Minwoo Lee] The KOSPI has fallen more than 1.4% compared to the previous day, putting even the 3110 level at risk. The KOSDAQ has already dropped over 2%, briefly falling to the 990 level.

As of 1:47 PM on the 19th, the KOSPI recorded 3112.53, down 1.47% from the previous day. After a slightly weak start at 3140.01, it briefly rebounded in the morning but soon widened its losses.

In the KOSPI market, foreigners and institutions sold a net amount of 243.7 billion KRW and 384.9 billion KRW, respectively. Meanwhile, individuals bought a net amount of 684.9 billion KRW.

At the same time, the KOSDAQ recorded 1000.14, down 2.05% from the previous day. Around 1:19 PM, it fell to 993.21, breaking below the 1000 mark.

Almost all sectors are in decline. The machinery sector had the largest drop at -4.14%. This was followed by construction (-3.95%), steel & metals (-3.89%), transportation equipment (-3.49%), and transportation & warehousing (-3.46%). Only banks rose by 3.82%.

Foreigners and institutions are also showing net selling. They sold 143.5 billion KRW and 98.6 billion KRW, respectively. Individuals bought a net amount of 254.5 billion KRW.

All sectors are falling. The order was broadcasting services (-4.66%), telecommunications broadcasting services (-4.48%), telecommunications services (-3.91%), and internet (-3.69%).

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