Individual 'Palja' amid mixed domestic stock market... KOSPI turns down to 2240 level

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] On the afternoon of the 19th, the KOSPI index turned downward due to individual selling pressure, showing a slight decline.

As of 1:46 PM, the KOSPI index was recorded at 2246.67, down 3.28 points (0.15%) from the previous trading day. The index had risen to as high as 2266.80 but gave back the gains due to individual selling, resulting in a downward trend. Individuals net sold 69 billion KRW, while foreigners and institutions bought 49.5 billion KRW and 12.3 billion KRW respectively.

Among the top market capitalization stocks, LG Energy Solution (1.02%), Hyundai Motor (0.89%), and Samsung SDI (0.33%) showed strength. Kakao, which is approaching normalization after a service outage, rose by over 1%. On the other hand, SK Hynix fell 3.13%, recording the largest drop. LG Chem also declined by nearly 2%.

By sector, non-metallic minerals (2.93%), steel & metals (1.82%), transportation equipment (0.66%), and transportation & warehousing (0.58%) rose. Medical precision (-1.86%), construction (-0.96%), telecommunications (-0.90%), and electrical & electronics (-0.84%) sectors showed weakness.

At the same time, the KOSDAQ index was flat. It recorded 697.15, up 0.06 points (0.01%) from the previous trading day. It surpassed the 700 mark due to buying by foreigners and institutions but narrowed the gains. Individuals net sold about 23.8 billion KRW, while foreigners and institutions net bought 24.3 billion KRW and 0.3 billion KRW respectively.

Among the top market capitalization stocks, Cheonbo and L&F surged more than 6%. They were followed by EcoPro (4.75%) and EcoPro BM (3.44%). HLB and Ligno Industry fell 3.40% and 2.15% respectively.

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