Foreigners and Institutions 'Sell' as KOSPI Stagnates... KOSDAQ Partially Retraces Gains

[Image source=Yonhap News]

[Asia Economy Reporter Myunghwan Lee] On the 25th, the KOSPI, which started higher, is maintaining a flat trend during the morning session amid selling pressure from foreigners and institutions. The KOSDAQ is adjusting its gains.

As of 10:40 AM, the KOSPI is at 2728.95, down 0.71 points (0.03%) from the previous trading day. The KOSPI opened at 2740.83, up 11.17 points (0.41%), retreated to the mid-2720s around 10 AM, and is now showing signs of recovery. By investor type, individuals are net buyers with 476.2 billion KRW, while foreigners and institutions are net sellers with 275 billion KRW and 209.2 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 falling include ▲SK Hynix (-1.24%) ▲Naver (NAVER) (-1.76%) ▲Samsung Biologics (-1.46%) ▲Samsung Electronics Preferred (-0.16%) ▲Hyundai Motor (-1.14%). On the other hand, LG Energy Solution is surging 6.99% to 436,500 KRW. Kakao (0.48%) and Samsung SDI (1.13%) are also rising. LG Chem is unchanged at 531,000 KRW.

By sector, Medical Precision (1.95%), Textile & Apparel (1.00%), and Electric & Electronics (0.79%) are up, while Transportation & Warehousing (-1.45%), Steel & Metals (-1.01%), and Electric & Gas Utilities (-0.98%) are down.

At the same time, the KOSDAQ is at 935.87, up 4.12 points (0.44%) from the previous day. The KOSDAQ opened at 936.94, up 5.19 points (0.56%), showing fluctuations in its gains. By investor type, individuals are net buyers with 50.3 billion KRW, while foreigners and institutions are net sellers with 19.7 billion KRW and 16.5 billion KRW, respectively.

Among the top market capitalization stocks on the KOSDAQ, L&F is up 3.64% to 202,100 KRW. EcoPro BM (1.99%) and Kakao Games (1.87%) are also rising. Conversely, Wemade is down 2.14% to 105,000 KRW. Pearl Abyss (-1.86%) and HLB (-1.75%) are also declining.

By sector, Paper & Wood (1.57%) and IT Components (1.54%) are showing gains, while Metals (-0.51%) and Transportation Equipment & Parts (-0.44%) are down.

Han Ji-young, a researcher at Kiwoom Securities, commented on the recent domestic stock market, saying, "It appears that short-term rotation between sectors and styles is occurring depending on improvements and deteriorations in the macro environment (political and social issues). A suitable strategy would be to continuously hold sectors and stock groups expected to have earnings growth or to approach with phased buying during price adjustments in the rotation process."

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