Foreigners and Institutions Sell... KOSDAQ Turns to Decline
[Asia Economy Reporter Son Sunhee] On the 5th, the KOSDAQ index, which started higher, turned lower in the afternoon.
As of 2:32 PM that day, the KOSDAQ index stood at 680.00, down 3.67 points (-0.54%) from the previous day. During the session, it even dropped to 677.77 at one point.
In the KOSDAQ market, foreign investors sold a net 161.7 billion KRW, and institutions also sold 84.5 billion KRW. Although individual investors bought a net 245.2 billion KRW, it was not enough to prevent the index from falling.
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Meanwhile, the KOSPI index showed a steady trend, rising 8.78 points (0.37%) to 2263.43 compared to the previous day. It started higher in the morning, but as individual and institutional investors poured out net selling, the index briefly turned downward during the session before rebounding again, maintaining a steady trend.
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