Foreign and Institutional Investors' 'Selling' Widens KOSPI Decline... KOSDAQ Also Down ↓

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] On the afternoon of the 20th, the KOSPI index widened its decline as foreign investors and institutions intensified their selling pressure.

As of 1:41 PM that day, the KOSPI index was recorded at 2,332.67, down 19.50 points (0.83%) from the previous day. The index had initially turned upward to reach 2,353.86 but then reversed to decline further, widening the loss. Individual investors were the sole net buyers with purchases worth approximately 158.6 billion KRW, while foreigners and institutions were net sellers with sales of about 130 billion KRW and 43.1 billion KRW, respectively.

Among the top market capitalization stocks, most were down. Celltrion fell more than 2%, recording the largest drop, followed by Hyundai Motor (-1.57%), Samsung Electronics (-1.51%), and Naver (-1.36%). LG Energy Solution rose 1.24%.

At the same time, the KOSDAQ index fell to 705.91, down 11.31 points (1.58%) from the previous day. Individuals and institutions bought approximately 101.1 billion KRW and 3.7 billion KRW worth of shares, respectively, while foreigners were net sellers with about 103.3 billion KRW.

Among the top market capitalization stocks, Pearl Abyss (-3.44%), Studio Dragon (-3.00%), Kakao Games (-2.92%), and L&F (-2.27%) declined in order. EcoPro and Celltrion Pharm rose 1.57% and 0.44%, respectively. EcoPro BM remained flat.

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