Foreigners' 'Net Selling' VS Institutions' 'Net Buying' Lead to Mixed KOSPI Trends
[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices are showing mixed trends in the early trading session. This is due to the continued net buying by institutions aiming to receive dividends amid an increase in net selling by foreigners.
As of 9:22 a.m. on the 26th, the KOSPI stood at 2313.06, down 0.03% (0.63 points) from the previous trading day. The KOSPI opened at 2312.54, up 0.05% (1.15 points) from the previous day, but has since weakened. Institutions buying to receive dividends accounted for net purchases worth 58 billion KRW, while foreigners and individuals sold stocks worth 38.8 billion KRW and 22.6 billion KRW respectively.
Among the top market capitalization stocks, Samsung Electronics (-0.17%), LG Energy Solution (-0.22%), SK Hynix (-0.64%), and LG Chem (-0.82%) declined, while Samsung Biologics (1.22%), Hyundai Motor (0.32%), NAVER (0.28%), Kia (0.48%), and POSCO Holdings (1.04%) rose.
At the same time, the KOSDAQ index stood at 691.29, up 0.01% (0.04 points) from the previous trading day. The index started the day at 691.94, up 0.1% (0.69 points) from the previous day, then showed a downward trend, but is showing mixed trends as the net selling by foreigners decreased. Regarding investor trends, foreigners and individuals sold stocks worth 5.2 billion KRW and 5.3 billion KRW respectively, while institutions alone bought stocks worth 9.9 billion KRW.
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Among the top market capitalization stocks, Celltrion Healthcare (0.94%), EcoPro (0.18%), and Celltrion Pharm (0.28%) rose, while EcoPro BM (-0.93%), L&F (-0.22%), HLB (-0.82%), Kakao Games (-0.47%), Pearl Abyss (-0.72%), and Studio Dragon (-0.12%) declined.
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