"Foreigners and Institutions Selling"... KOSPI Falls Over 1%

The KOSPI fell more than 1% due to net selling by foreigners and institutions.

The KOSDAQ closed at 2,573.72 on the 18th, down 1.02% (26.56 points) from the previous trading day.

On that day, the index started off lower from the beginning of the session. Caution heightened ahead of the U.S. Federal Open Market Committee (FOMC) regular meeting. Additionally, worsening investor sentiment toward technology stocks, centered on semiconductors in the New York stock market, acted as a negative factor for the market.

By investor type, foreigners and institutions net sold 365.4 billion KRW and 23.5 billion KRW, respectively. On the other hand, individuals net bought 391.7 billion KRW.

By sector, the electric and electronics sector fell 2.06%. Insurance, services, and manufacturing also declined more than 1%. Conversely, steel & metals and non-metallic minerals rose more than 1%.

Among the top market capitalization stocks, Samsung Electronics closed at 70,200 KRW, down 2.50% (1,800 KRW) from the previous trading day. NAVER fell 3.49%, and SK Hynix and Samsung SDI dropped more than 2%. Additionally, LG Energy Solution and Hyundai Mobis declined more than 1%. On the other hand, POSCO Holdings rose 3.25%.

On that day in the KOSPI, 330 stocks rose, including two stocks that hit the upper price limit such as Lotte Insurance and KTcs. 551 stocks fell without hitting the lower price limit, and 55 stocks remained unchanged.

The KOSDAQ closed at 891.29, down 7.74 points (0.86%) from the previous trading day.

By investor type, foreigners and institutions net sold 15.3 billion KRW and 133.4 billion KRW, respectively. Meanwhile, individuals net bought 177.9 billion KRW.

By sector, semiconductors and printing & reproduction media fell more than 3%. Paper & wood and food, beverages & tobacco declined more than 2%. Additionally, machinery equipment, other manufacturing, telecommunications equipment, medical precision instruments, and transportation equipment parts fell more than 1%.

Among the top market capitalization stocks, EcoPro BM closed at 280,000 KRW, the same as the previous trading day. Alteogen rose 7.48%, and Lunit also jumped 2.01%. Conversely, HPSP fell 6.08%, and L&F dropped 3.04%. Additionally, SM, Pearl Abyss, Rainbow Robotics, and JYP Ent. declined more than 1%.

On that day in the KOSDAQ, 479 stocks rose, including three stocks that hit the upper price limit such as Entels and Moa Data. Meanwhile, 1,067 stocks fell, including The Cody which hit the lower price limit. 57 stocks remained unchanged.

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