Foreigners' 'Palja' Leads KOSDAQ to Turn Down... KOSPI Returns Gains
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2022090212030019565_1662087781.jpg)
[Asia Economy Reporter Lee Jung-yoon] The KOSDAQ index turned downward due to foreign selling pressure.
As of 11:59 AM on the 2nd, the KOSDAQ index was recorded at 786.30, down 2.02 points (0.26%) from the previous day. The index started trading at 793.11, up 4.79 points (0.61%) earlier that day, but turned downward around 11:40 AM. Foreigners sold about 80 billion KRW worth, while individuals and institutions net bought approximately 72.6 billion KRW and 5.7 billion KRW, respectively.
Hot Picks Today
![About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]](https://cwcontent.asiae.co.kr/asiaresize/93/2026051416263163580_1778743590.jpg)
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
The KOSPI index is also giving up its gains. At the same time, the KOSPI index recorded 2416.31, up 0.70 points (0.03%) from the previous trading day. It surpassed the 2430 mark during the session but then showed a downward trend. Foreigners and institutions net sold about 55.1 billion KRW and 58.1 billion KRW, respectively, while individuals net bought about 100 billion KRW.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
