KOSPI, Foreign and Institutional Investors 'Sell'... Semiconductor Sector Weakness

Battle Ahead of KOSPI 2700 Level
Top 10 Market Cap Stocks Mostly on the Rise

[Image source=Yonhap News]

[Image source=Yonhap News]

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On the 21st, the KOSPI and KOSDAQ started lower. Foreign investors and institutions are showing a 'selling' trend in both major markets. Samsung Electronics and SK Hynix are also showing weakness.


As of 9:25 AM, the KOSPI is at 2696.57, nearly unchanged from the previous day (down 0.06 points). The KOSPI opened at 2687.20, down 0.35% (9.43 points) from the previous session. The KOSPI is fluctuating and battling around the 2700 level.


Foreign investors and institutions are net sellers of 21.7 billion KRW and 30.5 billion KRW respectively, pulling the index down. Only individual investors are net buyers with 59.9 billion KRW. In the futures market, foreign investors are buying 266.1 billion KRW, while individuals and institutions are selling 46.4 billion KRW and 233.9 billion KRW respectively.


Among the top 10 stocks by market capitalization, most are rising. Only Samsung Electronics (-0.76%), SK Hynix (-3.05%), and KB Financial Group (-1.78%) are declining. LG Energy Solution (+3.62%), Samsung Biologics (+2.54%), and Celltrion (+1.22%) are showing notable gains.


As of 9:30 AM, the KOSDAQ is trading at 782.70, down 0.60% (4.74 points) from the previous day. It opened at 783.98, down 0.44% (3.46 points) from the previous session. Foreign investors and institutions are net sellers of 115.9 billion KRW and 26.6 billion KRW respectively. Only individual investors are net buyers with 147.8 billion KRW.


Among the top 10 stocks by market capitalization, only HLB is declining (-6.72%). Classys (+2.40%), Rigacomm Bio (+1.73%), and Hugel (+1.58%) are showing notable gains.


Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate opened at 1330 KRW, down 2.50 KRW.

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