KOSDAQ Turns Down Amid Dual Selling Pressure from Individuals and Institutions... Falls Below 690 Level

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] The KOSDAQ index turned downward as both individual and institutional investors showed selling pressure.

As of 2:41 PM on the 19th, the KOSDAQ index was recorded at 693.10, down 3.99 points (0.57%) compared to the previous trading day. The index briefly surpassed the 700 mark today, but the institutions shifted from net buying to net selling, giving up the gains and causing the index to decline.

Individuals and institutions each sold net amounts worth approximately 8.6 billion KRW and 9 billion KRW, respectively, while foreigners alone bought stocks worth 17.4 billion KRW.

Among the top market capitalization stocks, Cheonbo rose more than 5%, recording the largest gain. It was followed by L&F (4.41%), Ecopro (3.65%), Ecopro BM (1.72%), Pearl Abyss (0.24%) in strong performance. On the other hand, HLB fell more than 3%, recording the largest decline. It was followed by Celltrion Pharm (-2.14%), Rino Industrial (-2.08%), and Celltrion Healthcare (-1.80%) in decline.

At the same time, the KOSPI index is also trending downward. It is trading at 2241.20, down 8.75 points (0.39%) from the previous day. Individuals and institutions sold about 48.3 billion KRW and 22.3 billion KRW, respectively, while foreigners were net buyers of 57 billion KRW.

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