Individual Net Buying Alone... KOSPI Trades Around 2910 in the Afternoon

Samsung Electronics fell more than 2%, breaking below the 70,000 won mark during trading. As of 9:30 a.m. on the 12th, Samsung Electronics was trading at 69,700 won on the KOSPI market, down 2.52% from the previous trading day. In the early session, Samsung Electronics dropped to 69,300 won, marking its lowest price of the year. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Minji Lee] Amid continued net selling by foreigners and institutions, both the KOSPI and KOSDAQ indices are showing declines in the afternoon session.

As of 1:50 PM on the 12th, the KOSPI stood at 2,919.27, down 1.25% (37.03 points) from the previous trading day. The index opened the day at 2,950.22, down 0.21% (6.07 points) from the previous day, and continued its downward trend into the afternoon. Looking at investor trends, individual investors alone bought stocks worth 775.7 billion KRW, while foreigners and institutions sold stocks worth 583 billion KRW and 197.8 billion KRW, respectively.

Among the top market capitalization stocks, all except LG Chem (3.14%) and Samsung Biologics (0.12%) are declining. Samsung Electronics (-3.08%), SK Hynix (-1.91%), NAVER (-4.12%), Kakao (-2.98%), and Samsung SDI (-3.5%) continued their downward trend today.

At the same time, the KOSDAQ index stood at 938.95, down 1.49% (14.16 points) from the previous trading day. The index opened at 951.12, down 0.21% (1.99 points) from the previous day. Looking at investor trends, individual investors alone bought stocks worth 233.3 billion KRW, while foreigners and institutions sold stocks worth 200.9 billion KRW and 27.1 billion KRW, respectively.

Among the top market capitalization stocks, L&F (2.96%), Pearl Abyss (2.95%), and Kakao Games (0.31%) rose, while Celltrion Healthcare (-3.15%), EcoPro BM (-1.25%), HL Biopharma (-8.17%), and Celltrion Pharm (-2.32%) declined.

Seosangyoung, a researcher at Mirae Asset Securities, said, “Due to the imminent tapering and inflationary pressures, the preference for safe assets has increased, pushing the won-dollar exchange rate above 1,200 during the session. Following the poor outlook for the semiconductor industry, foreigners have concentrated their sales on the electrical and electronics sector, causing Samsung Electronics to fall below the 70,000 KRW level.”

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