KOSPI Falls Back to 2630 Level... Foreigners and Institutions Sell Together

Samsung Electronics Down 1.23%

On the 28th, the KOSPI and KOSDAQ opened lower. Both major indices are experiencing larger declines due to selling pressure from foreigners and institutions.

As of 9:15 AM, the KOSPI opened at 2,631.80, down 0.77% (20.49 points) from the previous day. The KOSPI started the day at 2,643.48, down 0.33% (8.81 points) from the previous close, and is showing signs of widening losses.

Securities company app, stock trading scene. Photo by Hyunmin Kim kimhyun81@

Foreigners and institutions are net sellers of 119 billion KRW and 108.5 billion KRW respectively, pulling the index down. Meanwhile, individual investors are the sole net buyers with 244.2 billion KRW. In the futures market, individuals and foreigners are selling 24.8 billion KRW and 263 billion KRW respectively, while institutions are the only buyers with 276.1 billion KRW.

Among the top 10 stocks by market capitalization, all are declining except Kia (+1.61%). Samsung Biologics is down 3.50%, NAVER -2.35%, Celltrion -1.68%, LG Chem -1.40%, SK Hynix -1.14%, and Samsung Electronics -1.09%.

As of 9:22 AM, the KOSDAQ is at 859.87, down 0.37% (3.52 points) from the previous day. The KOSDAQ opened at 862.55, down 0.10% (0.84 points) from the previous close. Foreigners and institutions are net sellers of 73.5 billion KRW and 53.2 billion KRW respectively, while individuals are net buyers of 132.6 billion KRW.

Among the top 10 stocks by market capitalization, the trend is mixed. Ecopro BM is down 0.20%, HLB -2.59%, Celltrion Pharm -3.26%, and Rainbow Robotics -0.85%. On the other hand, Ecopro +0.34%, Alteogen +1.82%, Enchem +2.91%, Shinseong Delta Tech +0.30%, and Lino Industrial +1.47% are rising.

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