KOSPI and KOSDAQ Turn Lower Early in Session... Institutional and Foreign Investors Sell Together
Both the KOSPI and KOSDAQ indices turned lower in early trading due to simultaneous selling pressure from foreigners and institutions.
As of 9:15 a.m. on the 18th, the KOSPI index stood at 2,570.94, down 0.19% (4.97 points) from the previous trading day. The index opened the session at 2,582.23, up 0.25% (6.32 points) from the previous day.
By investor type, individual investors were the sole net buyers, purchasing stocks worth 280.8 billion KRW, while foreigners and institutions sold stocks worth 51.9 billion KRW and 227 billion KRW, respectively.
Among the top 10 companies by market capitalization, all stocks except Samsung Electronics (0.31%) and LG Chem (1.61%) were down. These include LG Energy Solution (-0.85%), SK Hynix (-0.56%), Samsung Biologics (-1.60%), Samsung SDI (-0.53%), Samsung Electronics Preferred (-0.36%), Hyundai Motor (-2.67%), POSCO Holdings (-0.12%), and Kia (-3.08%).
At the same time, the KOSDAQ index was trading at 906.74, down 0.30% (2.76 points) from the previous trading day. The index opened at 910.75, up 0.14% (1.25 points) from the previous day.
Hot Picks Today
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- While Everyone Focused on Samsung and Nix, This Company Soared 50%... Hit Record Highs for 4 Days [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
Among the top 10 KOSDAQ stocks by market capitalization, all stocks except Celltrion Pharm (0.22%) and JYP Ent. (3.28%) were either flat or down. These include EcoPro BM (-1.70%), EcoPro (-1.46%), Celltrion Healthcare (-1.21%), HLB (-0.55%), Kakao Games (-0.48%), and Pearl Abyss (-1.40%). L&F and Osstem Implant were flat.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.