Foreigners and Institutions 'Selling' KOSPI Slightly Declines... 2550 Level

The KOSPI index is slightly declining due to net selling by foreigners and institutions.

[Image source=Yonhap News]

As of 9:15 a.m. on the 12th, the KOSPI index was trading at 2,559.32, down 3.17 points (0.12%) from the previous trading day. Individuals were net buyers with purchases worth approximately 88.2 billion KRW, while foreigners and institutions were net sellers with sales of about 55.8 billion KRW and 29.6 billion KRW, respectively.

Among the top market capitalization stocks, SK Hynix (0.88%), Samsung SDI (0.73%), and Samsung Electronics (0.28%) rose. LG Energy Solution (-2.91%), Hyundai Motor (-1.45%), Kia (-1.02%), and LG Chem (-0.46%) declined.

By industry sector, transportation and warehousing (1.38%), paper and wood products (1.03%), electric and gas utilities (0.94%), construction (0.91%), and telecommunications (0.88%) showed strength. Medical precision (-0.98%), transportation equipment (-0.56%), electrical and electronics (-0.34%), and pharmaceuticals (-0.28%) fell.

On the 11th (local time), the U.S. stock market closed higher amid expectations of easing inflation ahead of the June Consumer Price Index (CPI) release. The Dow Jones Industrial Average rose 317.02 points (0.93%) to close at 34,261.42, the large-cap S&P 500 index gained 29.73 points (0.67%) to finish at 4,439.26, and the tech-heavy Nasdaq index increased 75.22 points (0.55%) to close at 13,760.70.

At the same time, the KOSDAQ index recorded 877.78, down 0.95 points (0.11%) from the previous trading day. Individuals purchased about 130.4 billion KRW worth of shares, while foreigners and institutions sold approximately 94.1 billion KRW and 35.4 billion KRW, respectively.

Among the top market capitalization stocks, Pearl Abyss (0.19%), Celltrion Healthcare (0.16%), and JYP Ent. (0.07%) rose. POSCO DX (-4.05%), EcoPro BM (-3.22%), and EcoPro (-2.05%) declined.

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