KOSPI 2710 · KOSDAQ 930 "Slipping Again"... Market Cap Leaders Showing Full Blue Signals

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] On the 20th, the domestic stock market showed a slight decline, unable to avoid a downward trend. The KOSPI is fluctuating around 2710, and the KOSDAQ around 930. Only individual investors are recording net purchases, while supply and demand are not supported.

As of 11:12 AM, the KOSPI is down 0.29% at 2711.02, and the KOSDAQ is down 0.25% at 929.22. Throughout the morning, both indices briefly rose above 2710 and 930 levels before falling back, showing only minor fluctuations.

At this time, individual investors are net buyers, purchasing 292.3 billion KRW and 159.5 billion KRW in the KOSPI and KOSDAQ markets respectively. Foreign investors and institutions are both net sellers. Foreigners are selling approximately 74 billion KRW and 113.9 billion KRW in the two markets respectively. Institutions are recording net sales of 216 billion KRW and 27.7 billion KRW.

Weak sectors in the KOSPI include Construction (-1.86%), Non-metallic Minerals (-1.44%), and Electric & Gas (-1.12%), while strong sectors are Food & Beverage (+3.41%), Medical Precision (+1.74%), and Paper & Wood (+1.33%). In the KOSDAQ, weak sectors are Entertainment & Culture (-2.14%), Internet (-1.14%), and Broadcasting Services (-1.10%), while strong sectors are Food & Tobacco (+1.48%), Telecommunications Equipment (+0.51%), and Other Manufacturing (+0.39%).

All of the top market capitalization stocks are showing declines. Samsung Electronics is trading at 66,600 KRW, down 700 KRW (1.04%) from the previous day. LG Energy Solution (-0.69%), SK Hynix (-0.89%), Samsung Biologics (-1.58%), and Samsung SDI (-1.48%) are all in a downtrend. Among the top market cap stocks in the KOSDAQ, most are declining except for Wemade. EcoPro BM (-0.96%), Celltrion Healthcare (-0.65%), and L&F (-0.74%) are showing downward trends.

Seo Sang-young, a researcher at Mirae Asset Securities, said, "Following the World Bank, the International Monetary Fund (IMF) has lowered the global economic growth forecast, which is a burden on the Korean stock market," adding, "Considering trade slowdown, high inflation impact, and the reassessment of the economic effects of the prolonged Ukraine crisis, the upside remains limited."

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