KOSPI Slightly Declines After Turning Negative, Around 2540... KOSDAQ Remains Flat

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The KOSPI index is showing a slight downward trend due to foreign selling pressure.

As of 9:26 a.m. on the 8th, the KOSPI index was trading at 2,544.62, down 3.64 points (0.14%) from the previous trading day. The index opened at 2,546.07, down 2.19 points (0.09%), then turned upward. However, it fell again due to foreign selling. Individuals and institutions net bought approximately 55.8 billion KRW and 6.1 billion KRW respectively, while foreigners net sold about 63 billion KRW.

Among the top market capitalization stocks, Samsung Biologics (0.41%), POSCO Holdings (0.35%), and LG Energy Solution (0.19%) rose. On the other hand, SK Hynix (-2.36%), LG Chem (-1.04%), and Naver (NAVER) (-0.92%) declined.

By sector, paper & wood (3.68%), electric & gas utilities (1.56%), pharmaceuticals (0.75%), and distribution (0.51%) showed strength, while electrical & electronics (-0.55%), telecommunications (-0.40%), and transportation equipment (-0.36%) were weak.

On the 7th (local time), the U.S. stock market closed mixed amid concerns over prolonged tightening and weakness in tech stocks. The Dow Jones Industrial Average rose 57.54 points (0.17%) to 34,500.73, the large-cap S&P 500 index fell 14.34 points (0.32%) to 4,451.14, and the tech-heavy Nasdaq index dropped 123.64 points (0.89%) to 13,748.83.

At the same time, the KOSDAQ index was recorded at 906.38, up 0.02 points (0.00%). Individuals and institutions net bought about 73.5 billion KRW and 25 billion KRW respectively, while foreigners net sold approximately 93.8 billion KRW.

Among the top market capitalization stocks, POSCO DX (1.70%), Rainbow Robotics (1.11%), and Pearl Abyss (1.02%) rose, while EcoPro (-2.09%) and L&F (-0.66%) declined.

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