KOSPI Starts Upward, Turns Down on Foreigners' 'Selling'... KOSDAQ Also ↓

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] The KOSPI index showed weakness in the early session due to foreign selling pressure.

As of 9:10 a.m. on the 16th, the KOSPI index was recorded at 2,473.70, down 6.63 points (0.27%) from the previous trading day. The index opened at 2,487.00, up 6.67 points (0.27%), but then turned downward. Individuals and institutions bought stocks worth approximately 127.9 billion KRW and 11 billion KRW respectively, while foreigners sold stocks worth about 138.4 billion KRW.

Among the top market capitalization stocks, LG Chem fell the most, dropping 0.70%. This was followed by Naver (-0.52%), LG Energy Solution (-0.50%), Samsung SDI (-0.42%), and Samsung Electronics (-0.32%). Kia showed an increase of 0.29%.

At the same time, the KOSDAQ index also declined. It traded at 742.48, down 2.48 points (0.33%) from the previous trading day. It started trading at 746.55, up 1.59 points (0.21%), but then showed a downward trend. Individuals were net buyers with about 75 billion KRW, while foreigners and institutions were net sellers with approximately 68.9 billion KRW and 3.6 billion KRW respectively.

Among the top market capitalization stocks, HLB (-2.71%), EcoPro BM (-2.06%), and EcoPro (-1.28%) showed weakness.

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