KOSPI Falls Below 2400 as Foreigners Turn to 'Sell'

On the 30th, the last trading day of the year, the KOSPI and KOSDAQ started with slight declines but then turned to a rebound. The won-dollar exchange rate rose again to the mid-1470 won range. Employees are working in the dealing room at the Hana Bank headquarters in Euljiro, Seoul. Photo by Heo Young-han

On the 30th, the KOSPI closed below 2400 as foreign investors turned to a 'selling' trend in the latter part of the session.

The KOSPI closed at 2399.49, down 0.22% (5.28 points) from the previous day. It opened at 2397.49, down 0.30% (7.28 points) from the previous close.

Foreign investors showed a 'buying' trend immediately after the market opened but switched to 'selling' later in the session. Individuals and foreign investors net sold 28.5 billion KRW and 122.3 billion KRW, respectively. Institutions alone net bought 55.3 billion KRW. In the futures market, only foreign investors net sold 179.5 billion KRW, while individuals and institutions net bought 104.9 billion KRW and 67.9 billion KRW, respectively.

Among the top 10 stocks by market capitalization, KB Financial Group fell by 2.47%, Hyundai Motor by 1.40%, showing notable weakness. In contrast, Celltrion rose by 3.94%, and Samsung Biologics increased by 1.61%, showing strong gains.

The KOSDAQ closed at 678.19, up 1.83% (12.22 points) from the previous day. It opened at 662.68, down 0.49% (3.29 points) from the previous close. Foreign investors and institutions net bought 237.2 billion KRW and 16.0 billion KRW, respectively. Individuals alone net sold 248.9 billion KRW.

Among the top 10 stocks by market capitalization, only Shinseong Delta Tech and Classys fell by 1.02% and 1.45%, respectively. Meanwhile, Ligachem Bio and Hugel posted high gains of 5.11% and 5.25%, respectively.

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