Foreigners' 'Palja' Push KOSPI Down... Falls Below 2370 Level

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] The KOSPI index was weak on the afternoon of the 13th as foreign investors intensified their selling pressure.

As of 2:09 PM that day, the KOSPI index was recorded at 2369.35, down 3.67 points (0.15%) from the previous trading day. The index started trading at 2385.05, up 12.03 points (0.51%), but turned downward as foreigners sold off shares. Individuals and institutions net bought approximately 114.2 billion KRW and 31.9 billion KRW respectively, while foreigners sold off shares worth 170.8 billion KRW.

Among the top market capitalization stocks, Kia recorded the largest drop, falling 3.99%. This was followed by Hyundai Motor (-2.75%), Samsung SDI (-1.38%), and LG Energy Solution (-1.00%). On the other hand, SK Hynix rose more than 1%.

At the same time, the KOSDAQ index recorded 713.00, down 2.22 points (0.31%) from the previous day. Individuals net bought about 81.9 billion KRW, while foreigners and institutions sold shares worth approximately 46.5 billion KRW and 27.5 billion KRW respectively.

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