KOSPI Shows Strong Consolidation... Starts Lower Despite Foreigners Switching to Buying
[Asia Economy Reporter Ji Yeon-jin] Ahead of the Chuseok holiday next week, the stock market has entered a wait-and-see mode.
According to the Korea Exchange on the 13th, the KOSPI index started trading at 3,117.35, down 8.41 points from the previous trading day. As of 9:14 a.m., the decline narrowed to 3,210.43. Individuals net sold about 30.7 billion KRW, while foreigners and institutions net sold approximately 17.2 billion KRW and 14 billion KRW, respectively.
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At the same time, the KOSDAQ index was trading at 1,035.06, down 2.85 points (0.27%). Individuals net sold 102.9 billion KRW, foreigners net sold 68.5 billion KRW, and institutions sold 29.1 billion KRW.
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