KOSPI, Institutions and Foreigners Net Sell... Sideways Movement During Session

by Jang Hyowon

Published 24 Nov.2023 10:30(KST)

[Image source=Yonhap News]

The KOSPI index is moving within a narrow range as institutions and foreigners engage in net selling while individuals show net buying pressure.

As of 10:19 AM on the 24th, the KOSPI index is trading at 2,512.69, down 2.66 points (0.11%) from the previous day.

On this day, the KOSPI index started slightly higher amid the New York stock market holiday. However, with the exchange rate rising and selling pressure from foreigners and institutions, it is showing a slight decline during the session.

By investor type, institutions and foreigners are net sellers of 17.9 billion KRW and 23 billion KRW respectively, while individuals are net buyers of 39 billion KRW. In the futures market, institutions are net buyers of 34.6 billion KRW, whereas foreigners and individuals are net sellers of 16.2 billion KRW and 0.8 billion KRW respectively.

By sector, medical precision is up 3.49%, machinery 0.85%, insurance 0.81%, electric and gas utilities 0.62%, steel and metals 0.59%, services 0.51%, securities 0.34%, chemicals 0.31%, and food and beverages 0.16%. On the other hand, transportation and warehousing is down 1.42%, transportation equipment -1.13%, pharmaceuticals -0.53%, and distribution -0.42%.

Among the top market capitalization stocks, performances are mixed. Samsung Electronics is down 0.14%, SK Hynix -0.08%, Samsung Biologics -0.83%, Kia -0.36%, Samsung SDI -0.84%, and Celltrion -0.52%. Meanwhile, POSCO Holdings is up 0.53%, Hyundai Motor 0.16%, LG Chem 1.54%, and NAVER 0.49%.

At the same time, the KOSDAQ index is moving slightly higher. The KOSDAQ index is trading at 817.17, up 1.19 points (0.15%) from the previous day.

By investor type, institutions and foreigners are net sellers of 65.2 billion KRW and 28.8 billion KRW respectively, while individuals are net buyers of 112.5 billion KRW.

Among the top market capitalization stocks, EcoPro BM is up 0.62%, and POSCO DX is also up 0.35%. Conversely, EcoPro is down 0.57%, Celltrion Healthcare -0.92%, L&F -0.34%, HLB -1.1%, Alteogen -1.78%, Celltrion Pharm -1.55%, and JYP Ent. -0.71%.