Foreigners and Institutions Sell Off, KOSPI Starts Lower... KOSDAQ Also Declining

The KOSPI is experiencing a decline amid simultaneous selling by foreigners and institutions.

The KOSPI index approached the 2800 mark during the trading session on the 20th, with employees bustling in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. The KOSPI fluctuated, closing at 2,797.12, down 0.21 points (0.01%) from the previous day. Photo by Jo Yongjun jun21@

As of 9:24 AM, the KOSPI stands at 2,777.78, down 6.48 points (-0.23%) from the previous day.

In the stock market, foreigners and institutions are net sellers of 84.5 billion KRW and 60 billion KRW respectively, while only individuals are net buyers with 147.8 billion KRW.

Most of the top market capitalization stocks are generally declining. Samsung Electronics is steady, while SK Hynix is down 2.31%. This is attributed to the weakness in semiconductor stocks such as Nvidia in the New York market last weekend due to profit-taking.

Stocks such as Celltrion (1.19%), KB Financial Group (1.10%), POSCO Holdings (0.41%), NAVER (0.72%), and LG Energy Solution (0.15%) are rising, while Hyundai Motor (-0.18%), Samsung Biologics (-0.80%), and Kia (-0.31%) are falling.

The KOSDAQ is down 4.60 points (-0.54%) from the previous trading day, standing at 848.07.

Foreigners and individuals show net selling of 55.8 billion KRW and 57.2 billion KRW respectively, while only individuals are net buyers with 112.8 billion KRW.

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