Individual 'Saja' Limits KOSPI Decline to 1% Range... Foreign and Institutional Investors Switch to Selling in One Day

On the 14th, when the US stock market plummeted due to inflation fears, the won-dollar exchange rate and KOSPI were displayed in the dealing room of Hana Bank in Euljiro, Seoul. On that day, the exchange rate surpassed 1,390 won for the first time in 13 years and 5 months. Photo by Moon Honam munonam@

[Asia Economy Reporter Kwon Jae-hee] The KOSPI index, which started with a decline in the 2% range due to inflation fears, has narrowed its losses and is currently recording a decline in the 1% range. Despite soaring exchange rates causing foreigners to exit the Korean stock market again, individual investors are absorbing that volume and defending the market.

As of 2:04 PM on the 14th, the KOSPI index stands at 2417.63, down 1.30% (31.91 points) from the previous trading day. The index opened the day at 2390.47, down 2.41% (59.07 points) from the previous day, dropping below the 2400 mark shortly after the opening, but it narrowed the losses during the morning session and reclaimed the 2400 level.

By investor type, foreigners and institutions sold a net amount of 139.9 billion KRW and 202.4 billion KRW respectively. On the other hand, individual investors alone bought stocks worth 333 billion KRW, fully absorbing the volume sold by foreigners and institutions.

Among the top market capitalization stocks, all except LG Energy Solution (0.20%) and Samsung SDI (2.66%) are declining. These include Samsung Electronics (-2.07%), SK Hynix (-1.58%), Samsung Biologics (-0.95%), LG Chem (-0.30%), Samsung Electronics Preferred (-2.23%), Hyundai Motor (-1.00%), NAVER (-3.35%), and Kia (-0.74%).

At the same time, the KOSDAQ index is trading at 783.78, down 1.63% (13.01 points) from the previous trading day. The index opened at 775.93, down 2.62% (20.86 points) from the previous day.

By investor type, individual investors alone bought a net amount of 150.1 billion KRW, while foreigners and institutions sold net amounts of 23.8 billion KRW and 113.9 billion KRW respectively.

Among the top 10 market capitalization stocks, all are declining except L&F (0.90%) and EcoPro (7.65%). These include Celltrion Healthcare (-4.85%), EcoPro BM (-0.55%), HLB (-8.88%), Kakao Games (-3.47%), Pearl Abyss (-2.96%), Celltrion Pharm (-4.95%), and Alteogen (-4.51%).

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