KOSPI Slightly Declines Amid Foreign and Institutional Selling... KOSDAQ Recovers to 790 Level
[Asia Economy Reporter Lee Jung-yoon] On the morning of the 27th, the domestic stock market is showing mixed trends. The KOSPI index is slightly weak due to selling pressure from foreigners and institutions, while the KOSDAQ index is showing an upward trend.
As of 9:36 a.m., the KOSPI index recorded 2405.57, down 7.39 points (0.31%) from the previous trading day. Individuals bought about 109.6 billion KRW worth, while foreigners and institutions sold about 60.4 billion KRW and 29.1 billion KRW, respectively.
Among the top market capitalization stocks, except for Samsung Biologics (2.05%) and SK Hynix (0.50%), most are weak. Kia fell 2.18%, recording the largest decline, followed by LG Energy Solution, which saw a 2.03% drop as the 6-month lock-up shares are released. Then LG Chem (-1.41%), Hyundai Motor (-1.28%), NAVER (-1.22%), Kakao (-1.10%), Samsung SDI (-0.71%), and Samsung Electronics (-0.16%) declined in order.
By sector, pharmaceuticals rose 1.87%, followed by insurance (0.90%), medical precision (0.57%), and telecommunications (0.47%). On the other hand, non-metallic minerals (-1.36%), transportation equipment (-1.27%), and services (-0.86%) declined.
At the same time, the KOSDAQ index recorded 792.47, up 2.54 points (0.32%) from the previous trading day. The KOSDAQ index started trading at 789.16, down 0.77 points (0.10%) from the previous session, but turned upward and recovered the 790 level. Individuals net bought about 18.5 billion KRW, while foreigners and institutions net sold about 15.8 billion KRW and 2.3 billion KRW, respectively.
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Among the top market capitalization stocks, Celltrion Pharm recorded the largest gain, rising 2.55%. This was followed by Celltrion Healthcare (2.17%), Kakao Games (0.60%), Alteogen (0.30%), and HLB (0.25%). On the other hand, secondary battery-related stocks such as EcoPro BM (-1.62%), Cheonbo (-0.99%), and L&F (-0.49%) were weak. Additionally, Pearl Abyss (-0.19%) and Studio Dragon (-0.13%) also declined.
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