KOSPI and KOSDAQ Indexes Start Up but Turn Down

[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices are currently declining.

As of 9:11 a.m. on the 21st, the KOSPI stood at 2,434.40, down 0.41% (10.08 points) from the previous trading day. The index started the session with a rise of around 0.06% but soon turned downward, increasing its losses.

The main force pulling the index down is foreign investors. Foreigners sold stocks worth 81.7 billion KRW alone, while institutions and individuals bought stocks worth 2.5 billion KRW and 79 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics (-0.65%), LG Energy Solution (-1.84%), SK Hynix (-1.47%), LG Chem (-1.14%), Samsung SDI (-0.29%), Hyundai Motor (-1.18%), and Kia (-1.06%) declined, while Samsung Biologics (1.13%) and NAVER (0.4%) rose.

The KOSDAQ index stood at 729.20, down 0.37% (2.72 points) from the previous trading day. Similarly, the KOSDAQ started the day with a rise of about 0.15% but soon shifted to a downward trend. In the market, foreigners and institutions sold stocks worth 37.9 billion KRW and 15.1 billion KRW, respectively, exerting downward pressure on the index. Individuals bought stocks worth 54.1 billion KRW alone.

Among the top market capitalization stocks, Ecopro BM (-1.65%), L&F (-0.87%), HLB (-0.05%), Ecopro (-0.56%), Celltrion Pharm (-0.72%), Lino Industrial (-0.06%), and Chunbo (-1.07%) declined, while Kakao Games (0.23%) and Pearl Abyss (0.46%) rose.

Han Ji-young, a researcher at Kiwoom Securities, forecasted, “With ongoing uncertainty over the Federal Reserve’s final interest rate level, considering this week’s release of the Federal Open Market Committee (FOMC) minutes, the Bank of Korea’s Monetary Policy Committee, and U.S. manufacturing PMI economic indicators, the KOSPI is expected to continue trading within a range.”

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