KOSPI Drops 1% Due to Net Selling by Foreigners and Institutions... "Below 2600 Level"

The KOSPI fell more than 1%, dropping below the 2600 mark due to net selling by foreigners and institutions.

As of 9:42 a.m. on the 5th, the KOSPI recorded 2,582.83, down 32.48 points (1.24%) from the previous trading day.

By investor type, foreigners and institutions net sold 44.1 billion KRW and 325.9 billion KRW, respectively.

By sector, transportation and warehousing, securities, and services fell more than 2%. Additionally, electricity and gas, insurance, telecommunications, pharmaceuticals, construction, and steel and metals declined more than 1%. Meanwhile, non-metallic minerals rose 3.24%.

Among the top market capitalization stocks, Samsung Electronics traded at 74,000 KRW, down 1,200 KRW (1.60%) from the previous trading day. NAVER and KB Financial fell more than 4%. Kia and Kakao also dropped more than 2%. In addition, Samsung Biologics, Celltrion, and POSCO Holdings declined more than 1%. On the other hand, Hyundai Motor rose 2.64%, while LG Energy Solution and LG Chem increased more than 1%.

The KOSDAQ recorded 811.27, down 3.50 points (0.43%) from the previous trading day.

By investor type, foreigners and institutions net sold 115.1 billion KRW and 45.1 billion KRW, respectively.

By sector, computer services, paper and wood, semiconductors, software, and transportation fell more than 1%. Meanwhile, broadcasting services rose 1.06%.

Among the top market capitalization stocks, EcoPro BM traded at 224,000 KRW, down 5,000 KRW (2.18%) from the previous trading day. In addition, Rino Industrial fell 3.24%. HPSP and Enchem declined more than 2%, while Celltrion Pharm, Rainbow Robotics, Pearl Abyss, and EO Technics dropped more than 1%. On the other hand, Shinseong Delta Tech rose 14.83%.

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