KOSPI Falls Over 1% Amid Foreign Selling; KOSDAQ Attempts to Recover Above 930

KOSPI started above the 8,600 mark but has since turned lower, showing a decline of over 1%. The large-cap semiconductor stocks, which initially drove the market's strength, have reversed course, contributing to the index's downward pressure from significant foreign selling. In contrast, KOSDAQ is up more than 1% thanks to net buying from both foreign and institutional investors.

According to the Korea Exchange, as of 2:05 PM, KOSPI is trading at 8,365.58, down 110.90 points (1.31%) from the previous trading day. The index opened at 8,591.50, up 115.02 points (1.36%), but peaked at 8,620.15 before declining. The intraday low was 8,143.33.

By investor type, individuals and institutions have net bought 1.4881 trillion won and 335.4 billion won, respectively, while foreigners have net sold 1.838 trillion won.

Most of the top market capitalization stocks are in the red. Samsung Electronics fell 4.27%, SK Hynix dropped 2.02%, LG Energy Solution declined 4.14%, Samsung C&T decreased 7.15%, Hyundai Motor fell 1.82%, Samsung Life Insurance dropped 3.62%, and Samsung Electronics preferred shares fell 3.77%. Conversely, SK Square rose 4.12%, Samsung Electro-Mechanics increased 1.51%, and HD Hyundai Heavy Industries gained 2.70%, while Samsung Biologics remained unchanged.

At the same time, KOSDAQ is trading at 928.71, up 12.53 points (1.37%) from the previous trading day. The index opened at 924.09, up 7.91 points (0.86%), initially showing weakness but quickly turning upward, reaching an intraday high of 955.45.

In the KOSDAQ market, individuals have net sold 155.6 billion won, while foreigners and institutions have net bought 140.3 billion won and 37.3 billion won, respectively.

The top KOSDAQ stocks are mixed. JUSUNG Engineering surged 25.62%, and PSK rose 8.11%. However, EcoPro fell 11.63%, EcoPro BM dropped 8.53%, HLB declined 3.65%, Rino Technology fell 2.38%, Wonik IPS decreased 1.67%, Rainbow Robotics dropped 0.58%, and Kolon TissueGene fell 0.32%. Alteogen remained unchanged.

* This article has been translated by AI.