KOSPI Ends Lower on Net Selling by Foreigners and Institutions... "2520 Level Holds"

The KOSPI closed lower as both foreigners and institutions engaged in net selling.

Yonhap News

On the 17th, the KOSPI recorded 2,523.55, down 3.94 points (0.16%) from the previous trading day.

By investor type, foreigners and institutions net sold 237 billion KRW and 101.5 billion KRW, respectively. Meanwhile, individuals net bought 289.2 billion KRW.

By sector, pharmaceuticals and transportation equipment & parts fell more than 1%. In contrast, machinery equipment, medical precision, and electric & gas sectors rose more than 2%. Telecommunications also increased by 1.27%.

Among the top market capitalization stocks, Samsung Electronics closed at 53,700 KRW, down 600 KRW (1.10%) from the previous trading day. Hyundai Motor and Samsung Biologics fell 3.42% and 2.59%, respectively, while Kia, Celltrion, KB Financial Group, and Shinhan Financial Group each dropped more than 1%. On the other hand, SK Hynix rose 2.14%, and NAVER also increased by 1.21%.

On this day’s KOSPI, 435 stocks, including LS Eco Energy and LS Networks which hit the upper price limit, rose, while 448 stocks declined without any hitting the lower price limit. There were 61 stocks that remained unchanged.

The KOSDAQ closed at 724.69, up 0.45 points (0.06%) from the previous trading day.

By investor type, foreigners net sold 76.3 billion KRW. Conversely, individuals and institutions net bought 63.4 billion KRW and 27.1 billion KRW, respectively.

By sector, machinery equipment rose 2.51%, and non-metallic minerals increased 1.77%. Meanwhile, publishing & reproduction, pharmaceuticals, and textiles & apparel fell more than 1%.

Among the top market capitalization stocks, Alteogen closed at 307,500 KRW, down 4,500 KRW (1.44%) from the previous trading day. Hugel fell 2.13%, and HLB, EcoPro, and Samchundang Pharmaceutical each dropped more than 1%. On the other hand, HPSP surged 10.78%, while Rino Industrial and Rainbow Robotics rose 6.04% and 4.81%, respectively.

In the KOSDAQ market, 673 stocks, including Corpus Korea and Sewon Mulsan which hit the upper price limit, rose. Without any hitting the lower price limit, 915 stocks declined, and 113 stocks remained unchanged.

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