KOSDAQ Turns Down Amid Institutional Selling Pressure
The KOSDAQ index, which started off rising, has turned to a downward trend.
As of 1:11 PM on the 30th, the KOSDAQ index is at 813.71, down 5.48 points (-0.67%) from the previous session. Although the KOSDAQ index began the day on an upward trend, the decline is deepening. Individuals and foreigners are buying stocks worth 109.6 billion KRW and 21.4 billion KRW respectively, while institutions are the sole net sellers with 120.8 billion KRW.
Among the top market capitalization stocks, HLB is soaring by 10.62%, while Alteogen (5.64%), Celltrion Pharm (0.09%), and Enchem (1.36%) are also rising.
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On the other hand, stocks such as EcoPro BM (-2.86%) and EcoPro (-0.58%), which showed early gains, have turned downward, along with Reno Industrial (-3.29%), Rainbow Robotics (-4.50%), and HPSP (-2.79%).
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