Foreign and Institutional Investors Expand Sell-Off... Samsung Electronics Also ↓
On the 31st, the Korean stock market started lower due to selling pressure from foreigners and institutions, and the decline is widening. Samsung Electronics, which announced its earnings before the market opened, is also showing weakness.
At 9:05 AM, the KOSPI was trading at 2,559.21, down 1.33% (34.58 points) from the previous day. The KOSPI opened at 2,575.24, down 0.72% (18.55 points), and is extending its losses.
Foreigners and institutions are net sellers of 86.1 billion KRW and 7.7 billion KRW, respectively. Only individuals are net buyers, purchasing 96.3 billion KRW. In the futures market, foreigners alone are selling 184.1 billion KRW, while individuals and institutions are buying 83.2 billion KRW and 125 billion KRW, respectively.
Among the top 10 stocks by market capitalization, all are declining. SK Hynix is down 2.05%, POSCO Holdings 1.76%, LG Energy Solution 0.97%, Kia 0.96%, and NAVER 0.86%. Samsung Electronics is trading down 0.68% at 58,700 KRW.
At 9:09 AM, the KOSDAQ was at 729.02, down 1.24% (9.17 points) from the previous day. The KOSDAQ opened at 734.25, down 0.53% (3.94 points). Foreigners and institutions are net sellers of 7.5 billion KRW and 35 billion KRW, respectively, while individuals are net buyers of 44.1 billion KRW.
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The top 10 KOSDAQ stocks by market capitalization are also all declining. Enchem is down 2.42%, EcoPro 1.62%, Ligachem Bio 1.55%, Samchundang Pharmaceutical 1.41%, and HLB 1.37%.
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