KOSPI Falls Below 2160 During Session Then Narrows Loss... KOSDAQ Rises 0.08%

[Asia Economy Reporter Oh Ju-yeon] Amid concerns over the resurgence of the novel coronavirus infection (COVID-19) and the start of the earnings season, the domestic stock market showed mixed trends on the 10th.

On this day, the KOSPI opened higher at 2171.44, up 0.16% from the previous trading day, but failed to gain momentum and fell to 2157.55 (-0.48%). As of 9:18 a.m., the KOSPI recorded 2164.84, down 0.17% from the previous trading day.

Among the top market capitalization stocks, Samsung Electronics (0.19%), SK Hynix (0.36%), NAVER (4.17%), Samsung Biologics (0.27%), and Celltrion (0.93%) rose.

Hyundai Motor (-1.10%), LG Household & Health Care (-0.61%), and Samsung C&T (-0.93%) declined.

By industry index, pharmaceuticals (0.52%) and electrical and electronics (0.07%) rose, while most others were in decline.

In terms of supply and demand, foreigners and individuals sold stocks worth 133.9 billion KRW and 117.7 billion KRW respectively, while individuals net bought stocks worth 247.7 billion KRW.

The KOSDAQ index recorded 774.67, up 0.23% from the previous trading day, continuing its upward trend steadily.

Among the top market capitalization stocks, Celltrion Healthcare (0.37%), Celltrion Pharm (1.21%), and Seegene (6.35%) rose, while HL Biopharma (-0.57%) and Alteogen (-0.68%) declined.

In the KOSDAQ market, by industry index, manufacturing (0.23%) and construction (0.35%) rose, with IT software up 1.10% and pharmaceuticals up 0.92%, showing notable increases.

At this time, foreigners net bought stocks worth 17.7 billion KRW, individuals net bought 8.1 billion KRW, and institutions net sold stocks worth 21.2 billion KRW in the KOSDAQ market.