Domestic Stock Market Starts Mixed Amid Foreigners' 'Selling' Ahead of US FOMC

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin] The domestic stock market started trading mixed on the 25th ahead of the U.S. Federal Open Market Committee (FOMC) meeting.

The KOSPI index opened at 2,786.41, down 5.59 points (0.20%) from the previous day, and is widening its losses. As of 9:05 a.m., the index retreated further to 2,774.17, down 17.85 points (0.64%). While individual investors are net buying about 95.3 billion KRW, foreigners and institutions are net selling 75 billion KRW and 22.1 billion KRW, respectively.

The KOSDAQ index started trading at 920.95, up 5.55 points (0.61%), but has slightly given up some gains (1.47 points, 0.16%) at the same time. Individuals and institutions are net buying 25.8 billion KRW and 3 billion KRW, respectively,

while foreigners are net selling 28.9 billion KRW.

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