KOSPI Ends Slightly Lower Amid Foreign Selling Pressure

Yonhap News

The KOSPI index closed slightly lower, pressured by heavy selling from foreign investors.

On the 20th, the KOSPI index closed at 2520.05, down 3.5 points (0.14%) from the previous day. Trading volume was 429.84 million shares, and the trading value was tentatively estimated at 8.5375 trillion won.

The KOSPI index started the day on an upward trend and approached the 2530 level early in the session, supported by buying from individual investors. However, foreign investors, who had been buying since the beginning of the year, switched to selling from the 17th, weighing down the index, which eventually closed slightly lower.

By investor type, institutions and individuals net bought 66.2 billion won and 275.2 billion won respectively, while foreign investors net sold 416.2 billion won. Program trading saw net selling of 12.3 billion won in arbitrage trading and 285 billion won in non-arbitrage trading.

By sector, more sectors declined. The transportation and warehousing sector fell 3.04%, insurance -1.91%, machinery equipment -1.18%, textiles and apparel -0.96%, entertainment and culture -0.95%, transportation equipment -0.85%, food, beverages and tobacco -0.78%, real estate -0.68%, IT services -0.66%, and finance -0.23%. On the other hand, the metals sector rose 1.31%, paper and wood 1.11%, distribution 0.85%, securities 0.84%, chemicals 0.58%, and general services 0.55%.

Among the top market capitalization stocks, performances were mixed. Samsung Electronics fell 0.56%, SK Hynix -1.17%, Hyundai Motor -1.42%, Kia -0.49%, NAVER -1.91%, HD Hyundai Heavy Industries -0.48%, and Hyundai Mobis -3.37%. Conversely, LG Energy Solution rose 5.71%, Celltrion 0.39%, KB Financial Group 0.23%, and Shinhan Financial Group 1.01%.

On the day, 389 stocks rose, 491 stocks fell, and 64 stocks closed flat.

The KOSDAQ index closed higher. The KOSDAQ index ended the day at 727.66, up 2.97 points (0.41%) from the previous day. By investor type, institutions and foreign investors net sold 11.7 billion won and 104.4 billion won respectively, while individuals net bought 110.4 billion won.

Among the top market capitalization stocks, performances were mixed. Alteogen rose 3.58%, EcoPro BM 6.07%, EcoPro 3.85%, Samchundang Pharmaceutical 2.01%, Classys 0.57%, Enchem 2.42%, and HPSP 2.35%. Meanwhile, HLB fell 1.03%, Rainbow Robotics -0.96%, Ligand Bio -0.33%, Ligno Industry -2.39%, and Hugel -3.16%.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate traded at 1451.0 won, down 7.5 won from the previous day.

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