Foreigners and Institutions 'Sell' as KOSPI Falls Below 2400 Intraday... KOSDAQ on the Rise

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] The KOSPI index fell below the 2400 mark during the session due to net selling by foreigners and institutions.

As of 10:29 a.m. on the 27th, the KOSPI index stood at 2396.72, down 16.24 points (0.67%) from the previous trading day. The index opened at 2412.52, down 0.44 points (0.02%) from the previous close, briefly turned upward but soon widened its losses. Individual investors bought a net 198.7 billion KRW worth of shares, helping to defend against further declines, while foreigners and institutions sold approximately 124 billion KRW and 53.8 billion KRW worth, respectively.

Among the top market capitalization stocks, most were weak except for Samsung Biologics, which rose 1.09%. Kia fell the most sharply, down 2.79%. LG Energy Solution, which is releasing shares from a six-month lock-up period, dropped 2.54%. Samsung SDI (-1.95%) and Hyundai Motor (-1.53%) also showed weakness.

At the same time, the KOSDAQ index rose 0.91 points (0.12%) from the previous trading day to 790.84. Individual investors bought a net 13.8 billion KRW worth, while foreigners and institutions sold approximately 9.4 billion KRW and 3.6 billion KRW worth, respectively.

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