KOSPI and KOSDAQ Fall... Samsung Electronics and SK Hynix Weakness
On the 5th, the KOSPI and KOSDAQ started lower. Foreign investors and institutions are showing a 'selling' trend, with the semiconductor sector notably weak.
As of 9:58 AM, the KOSPI is trading at 2504.57, down 0.40% (9.99 points) from the previous trading day. It opened at 2507.45, down 0.30% (7.50 points), and slipped to as low as 2495.25 during the session.
Foreign investors and institutions are net sellers of 25.9 billion KRW and 127.9 billion KRW, respectively. Individuals are net buyers of 151 billion KRW. In the futures market, foreign investors and institutions are selling 7.2 billion KRW and 60.4 billion KRW, respectively, while individuals alone are buying 74.4 billion KRW.
The top 10 stocks by market capitalization are mostly declining. SK Hynix is down 2.36%, Samsung Electronics down 1.10%, and LG Chem down 1.06%. On the other hand, NAVER is up 1.43%, Samsung SDI up 0.23%, LG Energy Solution up 0.12%, and Kia up 0.12%.
As of 10:03 AM, the KOSDAQ is at 826.00, down 0.30% (2.52 points) from the previous trading day. The KOSDAQ opened at 823.86, down 0.56% (4.66 points), and the decline has slightly narrowed since. Foreign investors and institutions are net sellers of 11.2 billion KRW and 62.4 billion KRW, respectively, pulling the index down. Individuals alone are buying 79.8 billion KRW.
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The top 10 stocks by market capitalization are mostly declining. HPSP is down 2.37%, POSCO DX down 1.52%, and EcoPro BM down 1.24%.
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