Domestic Stock Market Starts Mixed... KOSPI Slightly Down Ahead of China's PMI Release

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin] The domestic stock market started trading flat on the 31st. Ahead of the release of the manufacturing and service Purchasing Managers' Index (PMI), which gauges the Chinese economy, the market showed a wait-and-see stance, causing the index to struggle to find direction.

The KOSPI index was trading at 2,668.85 as of 9:05 a.m., down 0.81 points (0.03%) from the previous day. The index, which started slightly down (-0.10%), briefly rebounded within a minute after the opening but turned slightly down again as foreign investors began selling.

Foreign investors were net sellers of approximately 79.7 billion KRW in the early session. Individuals were net buyers of 50.1 billion KRW, and institutions were net buyers of 29.7 billion KRW.

The KOSDAQ index rose 2.09 points (0.24%) to 888.53. While individuals were buying about 54.7 billion KRW, foreign investors and institutions were net sellers of approximately 47.7 billion KRW and 5.8 billion KRW, respectively.

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