KOSPI Drops Over 3% Intraday, Falls Below 7,300 Mark
On May 18, the KOSPI fell by more than 3% during intraday trading, dropping below the 7,300 mark.
The KOSPI opened at 7,443.29, down 49.89 points (0.67%) from the previous trading day. As of 9:10 a.m., it was trading at 7,222.78, down 3.61%. In early trading, individual investors and institutional investors made net purchases of 350.4 billion won and 117.4 billion won, respectively, while foreign investors made net sales of 425.5 billion won.
By sector, machinery and equipment (-5.74%), construction (-3.61%), electricity and gas (-3.36%), entertainment and culture (-3.28%), and transportation equipment and parts (-2.72%) all declined.
Among the top market capitalization stocks, Samsung Electronics (-1.76%), SK hynix (-2.86%), SK Square (-4.28%), Hyundai Motor (-5.14%), and LG Energy Solution (-3.12%) fell.
The KOSDAQ index started trading at 1,122.57, down 7.25 points (0.64%). Individual and institutional investors made net purchases of 24.7 billion won and 13.2 billion won, respectively, while foreign investors made net sales of 31.1 billion won.
By sector, pharmaceuticals (-4.44%), general services (-4.00%), entertainment and culture (-3.76%), non-metallics (-3.25%), and construction (-3.19%) all declined.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- [Breaking] President Lee: "Sharing operating profit before taxes are deducted?... I don't understand"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Among the top market capitalization stocks, Alteogen (-2.98%), EcoPro BM (-1.94%), EcoPro (-3.79%), Rainbow Robotics (-6.05%), and Kolon TissueGene (-0.99%) all fell.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.