KOSPI Partially Gives Up Gains Amid Individual Selling... KOSDAQ Turns to Decline

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] On the afternoon of the 18th, the KOSPI index partially gave up its gains.

As of 1:38 PM that day, the KOSPI index was recorded at 2,450.82, up 7.92 points (0.32%) from the previous trading day. The index started on an upward trend and rose to 2,471.87 but then partially gave up its gains. Foreigners and institutions net bought approximately 104.3 billion KRW and 10.4 billion KRW respectively. On the other hand, individuals were the sole net sellers with about 124.3 billion KRW sold.

Among the top market capitalization stocks, Samsung Biologics (1.26%), SK Hynix (1.03%), LG Energy Solution (1.01%), and Samsung SDI (1.00%) rose in that order. Conversely, Kakao (-1.35%), Naver (NAVER) (-0.53%), and Kia (-0.45%) declined. Hyundai Motor remained flat.

By industry, machinery (1.53%), textiles and apparel (1.10%), steel and metals (1.09%), construction (0.93%), and electrical and electronics (0.71%) showed gains. Meanwhile, services (-0.72%), non-metallic minerals (-0.70%), finance (-0.34%), and food and beverage (-0.33%) were weak.

At the same time, the KOSDAQ index showed a downward trend. It recorded 736.22, down 1.32 points (0.18%) from the previous day. Like the KOSPI, the index started rising and even reached 742.17 but turned downward as foreigners increased their selling. Individuals and institutions net bought about 77.3 billion KRW and 15 billion KRW respectively, but foreigners sold approximately 89.1 billion KRW, leading the index decline.

Among the top market capitalization stocks, Kakao Games (-1.80%), L&F (-1.56%), and Pearl Abyss (-1.02%) were weak. On the other hand, Reno Industries (1.37%), Celltrion Healthcare (0.30%), EcoPro (0.16%), and HLB (0.14%) showed gains.

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