KOSPI Slightly Lower Due to Individual Net Selling... KOSDAQ Also Falls Below '1000' Mark
On the 21st, the KOSPI opened at 3,012.28, down 0.85 points (0.03%) from the previous trading day, then turned to a slight upward trend after early gains. The won-dollar exchange rate opened at 1,175.5 won, up 1.3 won from the previous trading day. The photo shows the Hana Bank dealing room in Jung-gu, Seoul on the day. Photo by Kim Hyun-min kimhyun81@
View original image[Asia Economy Reporter Park Jihwan] On the afternoon of the 21st, the KOSPI showed a slight decline with a weakly negative trend due to net selling by individual investors.
As of 2:04 PM, the KOSPI was trading at 3,010.38, down 2.75 points (0.09%) from the previous trading day. The index initially dropped to the 3,008 level early in the session, then rebounded and fluctuated. In the afternoon, it briefly rose to the 3,025 level.
By investor type, foreigners and institutions supported the KOSPI's downside with net purchases of 51 billion KRW and 90.7 billion KRW, respectively. Individuals net sold 123.3 billion KRW.
Among the top 10 stocks by market capitalization, Samsung Electronics recorded 72,000 KRW, down 0.14% from the previous day. SK Hynix (-1.02%) and NAVER (-0.12%) also declined. Notably, secondary battery stocks such as LG Chem (-3.81%) and Samsung SDI (-0.51%) showed a downward trend.
The KOSDAQ was trading at 997.32, down 4.30 points (-0.43%) from the previous day. The index opened at 1,003.48, up 0.19% (1.86 points) from the previous day, but fell below the 1,000 mark during the session.
By investor type, individuals net bought 275.5 billion KRW. Foreigners and institutions net sold 181.1 billion KRW and 70.8 billion KRW, respectively.
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Among the top 10 stocks by market capitalization, Ecopro BM (-8.60%) and L&F (-8.20%) saw large declines among secondary battery stocks. Pearl Abyss (8.56%) and Wemade (3.61%) rose.
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