KOSPI Weakens Intraday Amid Net Selling by Institutions and Foreigners

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The KOSPI index is showing weakness during the session, pressured by net selling from institutions and foreigners.

As of 9:50 a.m. on the 6th, the KOSPI index is trading at 2,570.45, down 0.8% from the previous day.

By investor type, institutions and foreigners are net sellers of 29.9 billion KRW and 18.3 billion KRW respectively, while individuals are net buyers of 49.3 billion KRW. In the futures market, foreigners are net sellers of 156.1 billion KRW, whereas institutions and individuals are net buyers of 127.7 billion KRW and 60.6 billion KRW respectively.

The New York stock market, which on the previous trading day, the 2nd, saw the Dow Jones Industrial Average and the S&P 500 rise 0.35% and 1.07% respectively to reach record highs, turned bearish in just one day as investors digested remarks from Chairman Powell and Federal Reserve officials.

Most sectors are showing weakness. Steel and metals are down 2.19%, construction -1.49%, transportation equipment -1.37%, distribution -1.27%, food and beverages -1.23%, electrical and electronics -1.24%, machinery -1.09%, and manufacturing -1.10%. In contrast, the insurance sector is up 1.28%, and pharmaceuticals are up 0.99%.

Many of the top market capitalization stocks are also declining. Samsung Electronics is down 0.94%, LG Energy Solution -2.83%, Hyundai Motor -0.21%, Kia -2.87%, POSCO Holdings -2.91%, NAVER -1.2%, and LG Chem -1.5%. On the other hand, SK Hynix is up 0.08%, Samsung Biologics is up 1.18%, and Celltrion is also rising 1.55%.

The KOSDAQ market is also extending its losses. At the same time, the KOSDAQ index is trading at 795.79, down 1.51% from the previous day. Institutions and foreigners are net sellers of 27.1 billion KRW and 85 billion KRW respectively, while individuals are net buyers of 143.8 billion KRW.

Top market capitalization stocks are mixed. EcoPro BM and EcoPro are down 3.34% and 5.74% respectively, and HLB is also weak, down 4.09%. Alteogen -1.84%, HPSP -1.84%, Rainbow Robotics -3.67%, and Rino Industrial -2.18% are also declining. Conversely, Celltrion Pharm is up 2.94%, Enchem 7.57%, and Shinsung Delta Tech 2.64% are rising.

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate is trading at 1,332.3 won, up 1.5 won from the previous day.

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