Market Opens Lower Just One Day After Rebound... KOSPI and KOSDAQ Both Weaken

The domestic stock market opened slightly lower just one day after rebounding, due to simultaneous selling by both foreign investors and institutions.

According to the Korea Exchange, as of 9:30 a.m. on January 23, the KOSPI was trading at 2,528.49, down 18.57 points. The KOSPI opened at 2,541.24, a decrease of 5.82 points (0.23%) from the previous trading day. Currently, foreign investors have a net sell position of 260 billion won, and institutions have a net sell position of 25.8 billion won. Individual investors are net buyers, with a net purchase of 280 billion won.

Yonhap News

Among the top stocks by market capitalization, Samsung Electronics (-1.10%), SK Hynix (-3.99%), LG Energy Solution (-1.25%), Hyundai Motor (-0.72%), and Kia (-0.97%) declined. On the other hand, Samsung Biologics (3.65%), Celltrion (0.39%), and Naver (1.23%) rose.

The KOSDAQ was at 726.22, down 6.09 points from the previous trading day. Foreign investors have a net sell position of 86.8 billion won, and institutions have a net sell position of 26.7 billion won. Individual investors are net buyers, with a net purchase of 122.3 billion won.

Among the top KOSDAQ stocks by market capitalization, Alteogen (2.05%), HLB (0.25%), and Rainbow Robotics (0.40%) rose, while Ecopro BM (-1.91%) and Ecopro (-2.23%) declined.

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate was trading at 1,436.50 won as of 9 a.m., down 0.50 won (-0.03%) from the previous trading day.

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