KOSPI and KOSDAQ Start Lower Together... LG Energy Solution Down Over 4%
On the 19th, the KOSPI opened lower. This is attributed to the decline in the U.S. stock market on the 16th, where profit-taking sales poured in, leading to a downward close.
As of 9:20 a.m. that day, the index was trading at 2,609.84, down 15.95 points (0.61%) from the previous trading day. Individual investors were net buyers with 142.7 billion KRW, while foreigners and institutions were net sellers with 130.9 billion KRW and 8.1 billion KRW, respectively.
Most of the top market capitalization groups in the KOSPI market were also declining in the early session. Samsung Electronics was trading down 0.97% at 71,100 KRW. LG Energy Solution fell 3.91%, and SK Hynix dropped 2.61%, showing weakness. Battery-related stocks such as LG Chem (-0.94%) and Samsung SDI (-1.47%) were also on a downward trend.
At the same time, the KOSDAQ index was trading at 882.88, down 5.07 points (0.57%) from the previous session. Individuals were net buyers with 156.7 billion KRW, but foreigners and institutions were net sellers with 141.6 billion KRW and 8.4 billion KRW, respectively.
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Top market capitalization stocks in the KOSDAQ also showed a uniform decline. EcoPro BM was down 0.38% at 265,000 KRW, and EcoPro fell 0.27% to 738,000 KRW. L&F (-2.65%), JYP Ent. (-1.47%), and HLB (-2.07%) were also declining.
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