Foreigners and Institutions Sell as KOSPI Trades Around 2400

The KOSPI is on a downward trend on the morning of the 27th due to selling pressure from foreigners and institutions.

On the 27th, the domestic stock market started with a slight decline, and the won-dollar exchange rate surpassed 1,475 won intraday for the first time since the 2009 financial crisis. Employees are working in the dealing room at the Hana Bank headquarters in Euljiro, Seoul. Photo by Heo Young-han

As of 10:26 a.m. that day, the KOSPI was trading at 2408.13, down 21.54 points (0.89%) from the previous day. The index started at 2419.46, down 10.21 points (0.42%), and the decline is widening. Currently, foreigners are net selling 88 billion KRW and institutions are net selling 90.8 billion KRW. Individuals alone bought 153 billion KRW worth of shares.

Among the top market capitalization stocks, SK Hynix (3.41%), Meritz Financial Group (1.92%), and Kakao (1.43%) are rising. Meanwhile, Korea Zinc (-12.31%), Samsung Life Insurance (-3.48%), HD Hyundai Heavy Industries (-1.68%), Samsung C&T (-1.53%), Kia (-1.46%), Celltrion (-1.09%), and Hyundai Motor (-0.69%) are declining.

By sector, medical precision (0.51%) and electrical & electronics (0.38%) are rising. On the other hand, most sectors such as metals (-5.34%), non-metals (-4.39%), securities (-3.90%), distribution (-2.28%), and insurance (-2.08%) are falling.

On the 26th (local time), the three major U.S. stock indices showed mixed movements within a narrow range. The blue-chip-focused Dow Jones Industrial Average closed up 28.77 points (0.07%) at 43,325.8. The large-cap-focused S&P 500 fell 2.45 points (0.04%) to 6,037.59, and the tech-heavy Nasdaq dropped 10.77 points (0.05%) to 20,020.36. Ji-won Kim, a researcher at KB Securities, said, "Despite the Fed's 'hawkish rate cut,' the U.S. stock market, which had been steadily rising, showed a pause as it digested selling pressure."

At the same time, the KOSDAQ index recorded 672.95, down 2.69 points (0.40%) from the previous session. The index started at 674.30, down 1.34 points (0.20%). Foreigners and institutions net sold 32 billion KRW and 99.4 billion KRW, respectively. Individuals bought 136.8 billion KRW worth of shares.

Among the top market capitalization stocks, HLB (3.94%), Alteogen (2.82%), Samchundang Pharm (1.82%), ST Pharm (1.72%), Peptron (0.81%), and HPSP (0.57%) are rising. Meanwhile, Celltrion Pharm (-3.06%), Kolon TissueGene (-2.97%), Enchem (-2.24%), JYP Ent. (-1.99%), Classys (-1.55%), and Silicon투 (-1.42%) are declining.

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