KOSPI Retreats to 3,170 Level on Foreign and Institutional Net Selling

The KOSPI fell to the 3,170 level, pressured by simultaneous net selling from both foreign and institutional investors.

Yonhap News

As of 10:12 a.m. on July 17, the KOSPI stood at 3,171.30, down 15.08 points (0.47%) from the previous trading day.

The index opened at 3,201.42, up 0.47% from the previous session. However, it turned downward early in the session due to simultaneous net selling by both foreign and institutional investors.

By investor type, foreigners and institutions recorded net sales of 180 billion won and 184.7 billion won, respectively. In contrast, individual investors posted net purchases of 328.6 billion won.

By sector, financials and electrical/electronics fell by more than 1%. In contrast, transportation equipment/parts and pharmaceuticals rose by more than 1%.

Among large-cap stocks, Samsung Electronics traded at 65,600 won, up 900 won (1.39%) from the previous session. Hanwha Aerospace also climbed 3.40%, and Doosan Enerbility rose 1.10%. On the other hand, SK hynix fell 6.33%, while NAVER dropped 2.20%.

The KOSDAQ was at 811.37, down 0.86 points (0.11%) from the previous session.

By investor type, foreigners and institutions recorded net sales of 115 billion won and 19.8 billion won, respectively. In contrast, individual investors posted net purchases of 132.6 billion won.

By sector, telecommunications fell 1.15%. In contrast, pharmaceuticals rose 2.04%.

Among top market cap stocks, Alteogen traded at 486,500 won, up 500 won (0.10%) from the previous session. Peptone surged 13.71%, while Ligachem Bio and Samchundang Pharm jumped more than 2%. In addition, Ecopro, PharmaResearch, and ABL Bio each rose by more than 1%. On the other hand, Lino Industrial fell 5.28%, and Classys dropped 1.50%.

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