KOSPI, Intraday Gains Narrowed Due to Foreign Selling

by Jang Hyowon

Published 20 Jan.2025 10:00(KST)

Yonhap News

The KOSPI index is narrowing its intraday gains amid net selling by foreign investors.

As of 9:52 a.m. on the 20th, the KOSPI index is trading at 2,530.04, up 0.26% from the previous day.

By investor type, institutions and individuals are net buyers of 13.4 billion KRW and 95 billion KRW respectively, while foreigners are net sellers of 124.1 billion KRW, weighing down the index. In the futures market, institutions and foreigners are net buyers of 48.7 billion KRW and 24.5 billion KRW respectively, whereas individuals are net sellers of 55.7 billion KRW.

More sectors are rising than falling. The metals sector is up 2.79%, medical precision 1.84%, distribution 1.0%, securities 0.75%, food and tobacco 0.6%, electricity and gas 0.45%, finance 0.51%, machinery and equipment 0.35%, paper and wood 0.31%, and electrical and electronics 0.48%. On the other hand, transportation and warehousing is down 1.72%, textiles and apparel -0.84%, IT services -0.37%, and non-metallic minerals -0.38%.

Top market capitalization stocks are showing mixed movements. Samsung Electronics and SK Hynix remain flat, while LG Energy Solution is up 1.85%, Samsung Biologics 0.49%, Kia 0.2%, and KB Financial 0.34%. Conversely, Hyundai Motor is down 0.24%, Celltrion -1.5%, and NAVER -0.72%.

The KOSDAQ index is also reducing its gains. At the same time, the KOSDAQ index is trading at 725.87, up 0.16% from the previous day. By investor type, institutions and foreigners are net sellers of 15.9 billion KRW and 93.8 billion KRW respectively, while individuals are net buyers of 111.1 billion KRW.

Top market capitalization stocks are showing mixed trends. Alteogen is up 2.11%, EcoPro BM 3.15%, EcoPro 2.25%, Rainbow Robotics 0.19%, Samchundang Pharmaceutical 0.41%, Classys 0.77%, and Enchem 1.07%. Meanwhile, HLB is down 0.26%, Ligacym Bio -0.16%, and Lino Industrial -0.72%.