KOSPI Mixed... Foreigners Switch to Net Selling

[Asia Economy Reporter Hwang Junho] On the 9th, the KOSPI showed a mixed trend. The index's upward momentum was halted as foreign investors turned to net selling.

As of 10:16 AM, the KOSPI was down 0.14% at 2,956.17. Unlike individual investors who engaged in profit-taking early in the session, foreign investors who had been net buyers reversed their position, causing the index to turn downward. At this time, foreign and individual investors sold stocks worth approximately 32.1 billion KRW and 52.7 billion KRW respectively. Meanwhile, institutions maintained net buying of about 82.6 billion KRW.

Among all listed stocks, 308 are rising while 545 are declining. Even the large-cap stocks that showed gains early in the session are falling in various places. Samsung Electronics is trading down 0.57% at 70,200 KRW, and LG Chem is also down 0.91%. Hyundai Motor and Kia fell by 0.93% and 1.48%, respectively.

By sector, machinery (1.43%), services (0.74%), and pharmaceuticals (0.60%) are maintaining upward trends, but their gains have weakened compared to earlier in the session.

Unlike the KOSPI, the KOSDAQ is maintaining an upward trend. The main driver of the index's rise today is individual investors, who are net buyers of about 34.8 billion KRW. Foreign and institutional investors are showing net selling intentions of approximately 13.3 billion KRW and 11.7 billion KRW, respectively. Among all stocks, 568 are rising while 748 are falling.

As in the early session, Celltrion Healthcare (2.26%), Celltrion Pharm (2.33%), and HL Biopharma (0.49%) are showing strength, while Ecopro BM (8.13%) and L&F (3.00%) have also expanded their gains.

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