KOSPI Starts Downtrend... Foreigners and Institutions Sell in Tandem

On the 20th, the domestic stock market started on a downward trend. Both foreigners and institutions are net sellers in both the KOSPI and KOSDAQ markets.

As of 9:05 a.m., the KOSPI index stood at 2,563.52, down 11.56 points (0.45%) from the previous trading day.

In the securities market, individual investors are net buyers with 71.5 billion KRW, but foreigners and institutions are selling with 29.2 billion KRW and 42.9 billion KRW, respectively.

Top market capitalization group stocks are showing mixed trends. Samsung Electronics is trading at 64,900 KRW, down 0.92% from the previous closing price. SK Hynix is also down 1.47% at 86,900 KRW. LG Energy Solution (0.34%) and LG Chem (0.63%) are showing slight gains.

Han Ji-young, a researcher at Kiwoom Securities, said, "We expect a breathing phase following the short-term rise until last week," adding, "As the won-dollar exchange rate rises and the U.S. Tesla earnings results are digested, a differentiated market by sector is expected."

At the same time, the KOSDAQ index is trading at 904.57, down 4.63 points (0.51%) from the previous session. Individual investors are net buyers with 82.6 billion KRW, but foreigners and institutions are net sellers with 59.5 billion KRW and 19.8 billion KRW, respectively.

Among the top market capitalization groups in KOSDAQ, EcoPro BM is trading up 1.02% at 297,000 KRW, while EcoPro is down 0.65% at 612,000 KRW. L&F is showing a decline with an early drop of 5.49%.

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate rose 3.8 KRW from the previous closing price to 1,329.5 KRW.

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