KOSPI Falls Intraday Before Closure Day, Drops to 2430 Level
Individual Investors Buy Alone, Foreigners and Institutions Sell
Real Estate and IT Service Sectors Slightly Up
"KOSDAQ Maintains Slight Uptrend"
On the day before the Christmas market holiday, the KOSPI turned downward during the session.
As of 10:29 a.m. on the 24th, the KOSPI was trading at 2435.97, down 0.25% (6.04 points) from the previous trading day. The KOSPI opened at 2450.55, up 8.54 points from the previous day, and after hitting an intraday high of 2452.85 early in the session, it traced a downward curve. Ultimately, it fell below the previous day's closing price of 2442.01, turning negative.
By investor type, individuals are the sole net buyers with 136.8 billion KRW. In contrast, foreigners are net sellers of 112.3 billion KRW, and institutions are net sellers of 53.3 billion KRW.
By sector, real estate (1.01%), non-metallic minerals (0.52%), IT services (0.19%), transportation and warehousing (0.085%), insurance (0.15%), textiles and apparel (0.13%), and construction (0.09%) are showing slight gains. Meanwhile, electricity and gas (-1.03%), pharmaceuticals (-0.77%), and entertainment and culture (-0.74%) are showing weakness.
398 stocks are rising, 463 stocks are falling, and 80 stocks are unchanged. Among the top 10 stocks by market capitalization, only Samsung Electronics (0.56%) and NAVER (1.00%) are showing slight gains. The rest, including LG Energy Solution (-1.81%), Hyundai Motor (-0.47%), and Celltrion (-0.72%), are all fluctuating within about 1%.
The U.S. stock market closed higher across the board the previous day. Buying interest centered on large technology stocks increased, raising expectations for a "Santa Rally."
The KOSDAQ index is trading at 680.41, up 1.17 points (0.17%) from the previous day.
By investor type, individuals are buying 58.2 billion KRW, and institutions are buying 12.3 billion KRW. Foreigners are net sellers of 53.6 billion KRW.
Similarly to the KOSPI, only individuals are net buyers with 63.0 billion KRW. Foreigners are selling 36.5 billion KRW, and institutions are selling 29.5 billion KRW.
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