KOSPI and KOSDAQ Start Lower... Foreigners and Institutions 'Sell Off'
On the 25th, with foreigners and institutions showing a 'selling' trend, the KOSPI and KOSDAQ opened lower. The KOSPI fell below the 2500 level during the session.
As of 9:31 AM, the KOSPI was trading at 2504.75, down 0.13% (3.38 points) from the previous trading day. The KOSPI started the day at 2504.10, down 0.16% (4.03 points) from the previous day, and then broke below the 2500 level.
Foreigners and institutions are net sellers of 54.7 billion KRW and 24.1 billion KRW respectively, pulling the index down. Individual investors alone are net buyers of 79.2 billion KRW. In the futures market, foreigners and institutions are buying 105.1 billion KRW and 85.1 billion KRW respectively. Individual investors alone are selling 143.7 billion KRW.
Among the top 10 stocks by market capitalization, only Samsung Electronics +0.58%, NAVER +1.20%, and Kia +0.62% are showing gains. Samsung Biologics is unchanged. POSCO Holdings is down -2.99%, LG Energy Solution -0.81%, and LG Chem -0.58%.
As of 9:35 AM, the KOSDAQ is at 853.48, down 0.45% (3.87 points) from the previous trading day. The KOSDAQ started at 856.79, down 0.07% (0.56 points), and is extending its losses. Foreigners and institutions are net sellers of 69.5 billion KRW and 27.5 billion KRW respectively. Individual investors alone are net buyers of 104.4 billion KRW.
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The top 10 stocks by market capitalization show mixed trends. Ecopro BM is down -4.53%, L&F -2.05%, POSCO DX -0.97%, and HLB -0.83%. Alteogen surged 9.09% from the previous day to 76,800 KRW. JYP Entertainment +4.93%, Pearl Abyss +1.28%, and SM +0.92% are rising.
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