Domestic Stock Market Starts with a Rebound, Turns Down in Early Trading
On the 26th, when the won-dollar exchange rate surpassed 1,420 won for the first time in about 13 years and 6 months, dealers were working in the dealing room of KB Kookmin Bank in Yeouido, Seoul. On that day, the KOSPI index opened at 2,260.80, down 29.20 points (1.28%) from the previous trading day, continuing its downward trend. Photo by Kang Jin-hyung aymsdream@
View original image[Asia Economy Reporter Ji Yeon-jin] On the 27th, the KOSPI index, which started with a rebound, turned to a decline during the session as foreigners poured out sell orders.
As of 9:05 a.m., the KOSPI was trading at 2,211.00, down 9.94 points (0.45%) from the previous day. Foreigners are leading the index decline with net sales worth approximately 69.3 billion KRW. Individuals, who showed selling pressure at the opening, have shifted to a buying advantage, and institutions are net buyers with about 60.3 billion KRW.
At the same time, the KOSDAQ also fell by 1.09 points (0.16%) to 691.28. Individuals and foreigners are net sellers of about 5.7 billion KRW and 4.3 billion KRW respectively, while institutions are net buyers of approximately 9.9 billion KRW.
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Earlier, the KOSPI started trading at 2,224.39, up 3.45 points (0.16%) from the previous day, and the KOSDAQ also opened higher at 694.53, up 0.31%.
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