KOSPI Starts Higher but Shows Mixed Trends Early in Session... Foreign and Institutional Investors Sell Together

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] Following the previous day's gains in the three major U.S. stock markets, the KOSPI also started higher but is showing mixed trends with fluctuations in the early session due to simultaneous selling by foreigners and institutions.

As of 9:29 a.m. on the 22nd, the KOSPI index stood at 2402.43, down 0.27% (6.50 points) from the previous trading day. The KOSPI opened at 2417.11, up 0.34% (8.18 points) from the previous day, but showed mixed trends during the session, briefly falling below the 2400 level.

By investor type, individuals were the sole net buyers with purchases worth 247.1 billion KRW. Foreigners and institutions sold stocks worth 86.9 billion KRW and 161.5 billion KRW, respectively.

Among the top 10 stocks by market capitalization, Samsung Electronics (0.51%), Samsung Electronics Preferred (1.13%), and Hyundai Motor (0.58%) were rising, while LG Energy Solution (-0.73%), SK Hynix (-1.79%), Samsung Biologics (-0.73%), LG Chem (-1.06%), Samsung SDI (-2.97%), and NAVER (-3.34%) were declining.

At the same time, the KOSDAQ index was trading at 779.62, up 0.17% (1.32 points) from the previous day. The KOSDAQ opened at 783.21, up 0.63% (4.91 points) from the previous day.

By investor type, individuals were again the sole net buyers with purchases worth 62.4 billion KRW, while foreigners and institutions were net sellers with 51.6 billion KRW and 17.8 billion KRW, respectively.

The top 10 KOSDAQ stocks by market capitalization also showed mixed trends. EcoPro BM (2.33%), Celltrion Healthcare (1.14%), L&F (1.63%), Celltrion Pharm (0.94%), Alteogen (0.33%), and Chunbo (0.21%) were rising, while Kakao Games (-6.99%), HLB (-0.30%), Pearl Abyss (-1.48%), and Wemade (-3.85%) were declining.

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