KOSPI Turns Down Early Session Below 3000... KOSDAQ Also Falls Below 1000

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] On the 29th, the KOSPI, which started higher, turned lower in the early session, breaking below the '3000 level.' The KOSDAQ also turned lower during the session, falling below the 1000 level.

As of 9:49 a.m. that day, the KOSPI was at 2998.94, down 10.61 points (-0.35%) from the previous trading day. The index began trading at 3025.67, up 16.12 points (0.54%) from the previous day, but widened its losses and turned downward.

By investor type, foreign investors and institutional investors showed net selling of 183.1 billion KRW and 125.3 billion KRW, respectively. Meanwhile, individual investors showed a net buying of 300.8 billion KRW.

Among the top 10 market capitalization stocks, most were declining. Samsung Electronics (0.14%) and Kia (0.81%) rose. On the other hand, SK Hynix (-1.41%), NAVER (-0.97%), and Samsung Biologics (-0.45%) fell.

At the same time, the KOSDAQ recorded 999.26, down 0.38 points (-0.04%). Like the KOSPI, individuals were net buyers with 90 billion KRW. Foreigners and institutions were net sellers with 30.2 billion KRW and 46.9 billion KRW, respectively.

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