Semiconductor Stocks Weakness and US CPI Caution... KOSPI and KOSDAQ Turned Down

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[Asia Economy Reporter Kwon Jae-hee] As of 11:13 AM on the 9th, the KOSPI index is at 2483.43, down 0.39% (9.67 points) from the previous trading day. The index opened at 2493.57, up 0.02% (0.47 points) from the previous day, fluctuated throughout the session, and eventually turned downward.

Looking at investor trends, individual investors alone purchased stocks worth 60.2 billion KRW. In contrast, foreigners and institutions sold stocks worth 28 billion KRW and 34.4 billion KRW, respectively.

It is interpreted that the domestic stock market was affected by increased caution ahead of the Philadelphia Semiconductor Index decline and the upcoming U.S. Consumer Price Index (CPI) announcement.

Han Ji-young, a researcher at Kiwoom Securities, analyzed, "Despite some favorable macro factors such as a slowdown in U.S. expected inflation and a decline in the won-dollar exchange rate, cautious sentiment ahead of the U.S. CPI announcement on the 10th and weakness in U.S. semiconductor stocks will likely result in limited stock price movements."

By sector, non-metallic minerals (3.14%), food and beverage (3.08%), medical precision (2.65%), steel and metals (1.33%), insurance (0.57%), pharmaceuticals (0.45%), finance (0.28%), and services (0.28%) recorded gains. On the other hand, transportation equipment (-1.27%), electrical and electronics (-1.20%), construction (-0.66%), and paper and wood (-0.57%) were down.

Among the top 10 market capitalization stocks, all are declining except LG Chem (1.84%), NAVER (1.55%), and Samsung SDI (1.01%). Samsung Electronics (-1.64%), LG Energy Solution (-0.11%), SK Hynix (-1.77%), Samsung Biologics (-0.11%), Samsung Electronics Preferred (-1.08%), Hyundai Motor (-2.30%), and Kakao (-0.24%) are all down.

The KOSDAQ index is trading at 827.29, down 0.43% (3.57 points) from the previous trading day at the same time. The index opened at 831.13, down 0.03% (0.27 points) from the previous day.

Regarding investor trends, individual investors alone net bought stocks worth 105.3 billion KRW, while foreigners and institutions net sold stocks worth 57.4 billion KRW and 40.7 billion KRW, respectively.

By sector, transportation equipment and parts (1.17%), distribution (0.85%), telecommunications services (0.85%), and broadcasting and telecommunications services (0.48%) are rising, while semiconductors (-2.24%), IT hardware (-1.58%), IT parts (-1.01%), and paper and wood (-0.98%) are declining.

Among the top market capitalization stocks on KOSDAQ, all are rising except L&F (-0.33%) and Cheonbo (-0.76%). These include Celltrion Healthcare (2.08%), EcoPro BM (0.49%), HLB (4.21%), Kakao Games (1.22%), Pearl Abyss (0.49%), Celltrion Pharm (1.34%), Alteogen (0.67%), and EcoPro (4.17%).

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