KOSDAQ Widens Early Losses... Down 1.29%
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[Asia Economy Reporter Lee Jung-yoon] The KOSDAQ index is showing a downward trend in early trading on the 9th.
As of 9:30 a.m. that day, the KOSDAQ index stood at 872.81, down 11.41 points (1.29%) from the previous trading day. The KOSDAQ index opened at 880.34, down 3.88 points (0.44%), but the decline widened as foreigners sold off 66.1 billion KRW worth of stocks and institutions net sold about 10 billion KRW. Individuals net bought 75.4 billion KRW.
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At the same time, the KOSPI index recorded 2,632.30, down 12.21 points (0.46%) from the previous trading day. Foreigners and institutions net sold 83.9 billion KRW and 62.4 billion KRW, respectively. Individuals net bought 145 billion KRW, helping to cushion the index's decline.
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