KOSPI Weakens and KOSDAQ Holds Steady Amid US CPI Surge... Foreign and Institutional Investors 'Sell'

On the 14th, dealers were working in the dealing room of Hana Bank in Euljiro, Seoul. On this day, the KOSPI index opened at 2316.41, down 12.20 points (0.52%) from the previous session. The won-dollar exchange rate started at 1306.5 won, down 0.4 won. Photo by Moon Honam munonam@

[Asia Economy Reporter Myunghwan Lee] On the morning of the 14th, the KOSPI is moving slightly down in the market. It appears to be influenced by the sharp rise in the U.S. June Consumer Price Index (CPI) announced the previous day. The KOSDAQ index is fluctuating up and down, hovering in a narrow range.

As of 10:50 a.m., the KOSPI is at 2322.68, down 0.25% (5.93 points) from the previous trading day. The KOSPI opened at 2316.41, down 0.52% (12.20 points), and at one point fell nearly 0.8% compared to the previous day but is gradually reducing the decline. By investor type, individuals are the only ones net buying with 122.1 billion KRW, while foreigners and institutions are selling 7.9 billion KRW and 114.3 billion KRW respectively.

Many of the top market capitalization stocks in the KOSPI market are declining. Samsung Electronics is trading at 57,700 KRW, down 0.52% (300 KRW) from the previous day. NAVER is trading at 232,500 KRW, down 2.11% (5,000 KRW) from the previous day. Others such as ▲SK Hynix (-0.53%) ▲Samsung Biologics (-0.60%) ▲Samsung Electronics Preferred (-0.38%) ▲Hyundai Motor (-0.27%) ▲Kia (-1.13%) are also on a downward trend. Secondary battery-related stocks like LG Energy Solution (0.75%), LG Chem (2.32%), and Samsung SDI (2.65%) are on the rise.

By sector, non-metallic minerals (1.00%) and chemicals (0.85%) are slightly rising, while construction (-1.45%), steel and metals (-1.12%), and securities (-0.93%) are mainly declining.

At the same time, the KOSDAQ index is at 2322.68, up 0.18% (1.36 points) from the previous trading day. The KOSDAQ opened at 762.54, down 0.08% (0.64 points) from the previous day, and has been moving sideways with repeated rises and falls. By investor type, individuals are net buying 100.2 billion KRW alone, while foreigners and institutions are selling 61.7 billion KRW and 22.9 billion KRW respectively.

The top market capitalization stocks in KOSDAQ are also rising, centered on secondary battery-related stocks such as L&F (3.04%) and EcoPro BM (1.17%). Entertainment-related stocks such as Studio Dragon (2.71%), Kakao Games (1.39%), and Pearl Abyss (1.35%) are also rising. Meanwhile, Celltrion Healthcare (-2.34%), HLB (-1.24%), and Seegene (-0.54%) are declining.

By KOSDAQ sector, paper and wood (2.11%), general electrical and electronics (1.38%), and publishing and media reproduction (1.24%) are rising, while broadcasting services (-2.54%), telecommunications and broadcasting services (-1.64%), and distribution (-1.51%) are declining.

On this day, the domestic stock market is expected to experience increased volatility in supply and demand due to the overlap of the U.S. CPI impact and options expiration day. Kiwoom Securities researcher Yumi Kim analyzed, "On the 14th, the domestic stock market may see increased volatility as it digests the U.S. CPI results," adding, "Since it is options expiration day, additional volatility in supply and demand may also increase."

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