KOSPI Fluctuates Due to Foreign Investor Sentiment... Closes Lower

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The KOSPI index closed lower, pressured by net selling from institutions and individuals. Foreign investors showed net buying, supporting the index.

On the 6th, the KOSPI index closed at 2,576.2, down 15.11 points (0.58%) from the previous day. Trading volume was 404.46 million shares, and the trading value was tentatively estimated at 10.1325 trillion KRW.

By investor type, institutions and individuals net sold 233.3 billion KRW and 125.2 billion KRW respectively, while foreigners net bought 338.1 billion KRW, defending the index. Program trading saw net selling of 26.1 billion KRW in arbitrage trading and net buying of 178.8 billion KRW in non-arbitrage trading.

Following the weakness in the New York stock market the previous day, the KOSPI index started the day slightly lower but widened its losses during the session due to selling pressure from institutions and foreigners. The KOSDAQ index also showed a decline, falling below the 800 mark during the session. However, in the late session, foreign buying flowed into the KOSPI market, and foreign net selling in the KOSDAQ market eased, leading to a recovery.

Most sectors declined. Transportation equipment fell 2.82%, steel and metals -1.82%, construction -1.73%, food and beverages -1.57%, insurance -1.24%, distribution -1.14%, finance -1.07%, and non-metallic minerals -0.95%. On the other hand, precision medical equipment rose 3.07%, pharmaceuticals 0.52%, electric and gas utilities 0.25%, and transportation and warehousing 0.24%.

Among the top market capitalization stocks, more fell than rose. LG Energy Solution dropped 3.08%, Samsung Biologics -0.12%, Hyundai Motor -1.05%, Kia -5.66%, POSCO Holdings -2.13%, NAVER -1.2%, and LG Chem -0.96% were weak. Conversely, Samsung Electronics and SK Hynix rose 0.13% and 4.31% respectively, and Celltrion also closed up 1.16%.

The KOSDAQ index closed at 807.03, down 0.96 points (0.12%) from the previous day. By investor type, institutions and foreigners net sold 125.9 billion KRW and 29.6 billion KRW respectively, while individuals net bought 192.2 billion KRW.

Top market capitalization stocks showed mixed movements. EcoPro BM and EcoPro fell 3.79% and 5.74% respectively, while Rainbow Robotics -2.58%, Shinseong Delta Tech -1.66%, and JYP Ent. -1.45% were weak. On the other hand, HLB rose 4.37%, Alteogen 1.84%, Celltrion Pharm 0.49%, HPSP 0.11%, Enchem 9.4%, and Lino Industrial 2.54% closed strong.

Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate closed at 1,327.6 won, down 3.2 won from the previous day.

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