Individual and Institutional Net Selling... KOSPI Turns to Decline in the Morning

[Asia Economy Reporter Minji Lee] The KOSPI significantly narrowed its gains due to net selling by individuals and institutions.

At 11:04 a.m. on the 14th, the KOSPI was at 2482.42, down 0.03% (0.74 points) from the previous trading day. The KOSPI opened the day at 2485.18, up 0.08% (2.02 points) from the previous day, and surged to 2499.43 during the session, but weakened net buying pressure led to a reversal into a mixed trend.

Looking at investor trends, foreigners alone maintained net buying by purchasing stocks worth 85.6 billion KRW. Meanwhile, individuals and institutions sold stocks worth 20.2 billion KRW and 58.1 billion KRW, respectively. By sector, POSCO Chemical rose 5.4%, highlighting gains in the non-metallic minerals sector (4.32%). This was followed by iron ore and metals (3.65%), machinery (2.49%), electric and gas utilities (2.01%), and textiles and apparel (1.77%).

Among the top market capitalization stocks, Samsung Biologics (0.22%), Hyundai Motor (2.62%), and Kia (3.09%) rose, while Samsung Electronics (-1.11%), LG Energy Solution (-2.24%), SK Hynix (-2.14%), LG Chem (-0.95%), Samsung SDI (-0.4%), and NAVER (-1.29%) declined.

Notably, Kakao Pay (9.8%) has recorded significant gains for two consecutive trading days following the October CPI data release. KB Securities analyst Ilhyuk Kim said, “Inflation may not come down quickly, but until inflation concerns resurface, the market is expected to rise further, centered on growth stocks.”

At the same time, the KOSDAQ index was at 729.38, down 0.25% (1.84 points) from the previous trading day. The index opened at 732.29, up 0.15% (1.07 points) from the previous day, but soon reversed and continued to weaken.

Investor trends show individuals alone bought stocks worth 163.5 billion KRW, while foreigners and institutions sold stocks worth 84.9 billion KRW and 72.3 billion KRW, respectively.

Among the top market capitalization stocks, EcoPro BM (3.8%), EcoPro (1.28%), and Chunbo (3.33%) rose, while Celltrion Healthcare (-4.91%), L&F (-2.29%), HLB (-0.26%), Pearl Abyss (-0.6%), and Celltrion Pharm (-1.4%) declined.

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