Early Consolidation... KOSPI Down, KOSDAQ Up
Simultaneous Net Selling by Foreigners and Institutions in Both Major Markets
[Asia Economy Reporter Minwoo Lee] The KOSPI showed a slight decline in the early session. Meanwhile, the KOSDAQ showed a modest rebound.
On the 30th, the KOSPI opened at 3,054.87, down 0.18% (5.40 points) from the previous day. As of 9:21 a.m., it recorded 3,055.17.
Foreigners and institutions continued their selling trend from the previous day. They net sold 6.5 billion KRW and 121.9 billion KRW respectively. In contrast, individuals net bought 131.1 billion KRW.
By sector, textiles and apparel (1.48%), telecommunications (1.36%), medical precision (1.18%), construction (0.95%), and machinery (0.92%) rose, while chemicals (-1.31%), non-metallic minerals (-1.04%), banks (-0.98%), steel and metals (-0.65%), and electric and gas utilities (-0.61%) fell.
Among the top 10 market capitalization stocks, most were down. Kakao had the largest drop at -1.72%. Following were KakaoBank (-1.59%), LG Chem (-1.43%), NAVER (-1.29%), Hyundai Motor (-0.99%), Celltrion (-0.38%), Samsung SDI (-0.28%), Samsung Electronics (-0.14%), and Samsung Biologics (-0.11%). SK Hynix was the only stock to rise, up 0.50%.
The KOSDAQ opened at 1,001.92, up 0.05% (0.46 points) from the previous day. As of 9:21 a.m., it stood at 1,002.55.
Similarly, foreigners and institutions net sold 52.3 billion KRW and 11.4 billion KRW respectively, while individuals net bought 66.3 billion KRW.
The ratio of rising to falling sectors was similar. Entertainment and culture (1.17%), construction (1.12%), other manufacturing (1.00%), and metals (0.70%) rose, while paper and wood (-1.42%), medical and precision instruments (-0.87%), and semiconductors (-0.74%) declined.
Among the top 10 market capitalization stocks, the ratio of gains to losses was similar. HL B had the largest drop at -1.71%, followed by Celltrion Pharm (-0.82%), Celltrion Healthcare (-0.64%), SK Materials (-0.47%), and CJ ENM (-0.20%). On the upside were EcoPro BM (1.63%), L&F (0.97%), Seegene (0.81%), Kakao Games (0.60%), and Pearl Abyss (0.37%).
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)
- Chinese Navy Launches Aircraft Carrier Fleet Drills in Western Pacific: "Conducting Long-Range Flights and Live-Fire Exercises"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.