KOSPI Starts Rising but Turns Flat... Foreigners Continue Net Selling

[Image source=Yonhap News]

[Asia Economy Reporter Myung-hwan Lee] On the 25th, the KOSPI, which started higher, is showing a flat trend in the early session. Similarly, the KOSDAQ index, which also started higher, is gradually narrowing its gains. Foreign investors continue to sell net from the early session, following the previous day.

As of 9:20 a.m., the KOSPI is at 2,728.44, down 1.22 points (0.04%) from the previous trading day. The KOSPI opened at 2,740.83, up 11.17 points (0.41%), but sharply reduced its gains and is now showing mixed trends. By investor type, individuals are the only buyers with net purchases worth 293.6 billion KRW, while foreigners and institutions are net sellers of 150.7 billion KRW and 145.3 billion KRW, respectively.

Most of the top 10 market capitalization stocks are declining. Samsung Electronics is trading down 0.14% at 69,700 KRW. Others also down include ▲SK Hynix (-0.83%) ▲Naver (NAVER) (-1.47%) ▲Samsung Biologics (-0.85%) ▲Samsung Electronics Preferred (-0.31%) ▲Kakao (-0.48%) ▲Hyundai Motor (-0.85%) ▲LG Chem (-1.51%). On the other hand, LG Energy Solution is sharply up 4.90% from the previous day, trading at 428,000 KRW. Samsung SDI also rose 2.26%.

By sector, medical precision (0.89%) and electrical & electronics (0.60%) are rising, while steel & metals (-0.93%), transportation & warehousing (-0.83%), and electric & gas utilities (-0.73%) are weak.

At the same time, the KOSDAQ is at 934.91, up 3.16 points (0.34%) from the previous trading day. The KOSDAQ opened at 936.94, up 5.19 points (0.56%), but is gradually narrowing its gains. By investor type, individuals are net buyers of 75.8 billion KRW alone, while foreigners and institutions are net sellers of 52.6 billion KRW and 19.1 billion KRW, respectively.

Among the top market capitalization stocks on the KOSDAQ, L&F is up 2.26% from the previous day, trading at 199,400 KRW. EcoPro BM (1.05%) and Kakao Games (0.67%) are also rising. On the other hand, Pearl Abyss (-1.02%), Wemade (-0.84%), and HLB (-0.80%) are declining.

By sector, food & beverage & tobacco (1.40%) and digital content (1.27%) are showing notable gains, while metals (-0.44%) are declining.

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