KOSPI Recovers to 2700 Level as Foreigners Return to Net Buying

Samsung Electronics and SK Hynix Close Lower
KOSDAQ Declines Amid Foreign and Institutional 'Sell-Off'

Dealers are working in the dealing room of Hana Bank in Jung-gu, Seoul.
[Photo by Yonhap News]

On the 21st, the KOSPI barely recovered to the 2700 level as foreigners turned to a 'buying' stance. However, all major semiconductor stocks closed lower. The KOSDAQ ended lower due to combined selling pressure from foreigners and institutions.

On that day, the KOSPI closed at 2701.13, up 0.17% (4.50 points) from the previous day. The KOSPI opened at 2687.20, down 0.35% (9.43 points) from the previous session, but rebounded as foreigners switched from 'selling' to 'buying.'

Foreigners were the sole net buyers on the KOSPI, purchasing 30.4 billion KRW. Individuals and institutions were net sellers, offloading 11.6 billion KRW and 26.7 billion KRW respectively. In the futures market, individuals alone bought 367.9 billion KRW, while foreigners and institutions sold 344.2 billion KRW and 18.5 billion KRW respectively.

Among the top 10 stocks by market capitalization, mixed trends were observed. Notable declines included SK Hynix -3.56%, KB Financial Group -3.00%, and Hyundai Motor -1.37%. Meanwhile, LG Energy Solution +6.06%, Samsung Biologics +4.52%, and POSCO Holdings +2.32% closed higher.

The KOSDAQ closed at 779.87, down 0.96% (7.57 points) from the previous day. It opened at 783.98, down 0.44% (3.46 points) from the previous session, and extended its losses. Foreigners and institutions were net sellers of 344.2 billion KRW and 18.5 billion KRW respectively, while individuals were net buyers of 367.9 billion KRW.

Among the top 10 KOSDAQ stocks by market capitalization, mixed trends were also seen. Notable gains included EcoPro +3.29%, EcoPro BM +2.74%, and Classys +1.40%. On the other hand, HLB plunged 9.75% to close at 83,300 KRW. Other notable declines included Alteogen -3.99%, Samchundang Pharm -3.95%, and Enchem -2.10%.

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