'Mixed US Stock Market Impact' Domestic Market Starts Lower... Fluctuates Around Steady Range

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] The domestic stock market, which showed an upward trend the previous day, started off lower. It is currently steady amid selling by foreigners and institutions.

As of 9:17 AM on the 15th, the KOSPI is at 3,184.32, up 0.07% compared to the previous day.

While foreigners and institutions are both selling, driving the index down, individuals are solely buying, helping to defend against the index decline. Individuals have net purchased 140.6 billion KRW, whereas foreigners and institutions have net sold 8.8 billion KRW and 127.9 billion KRW, respectively.

By sector, the electrical and electronics industry (-0.16%), steel and metal industry (-0.15%), and food and beverage industry (-0.05%) are showing declines, while transportation and warehousing (+0.09%), service industry (+0.06%), and machinery industry (+0.03%) have risen.

The KOSDAQ is also steady amid selling by foreigners and institutions. The KOSDAQ is at 1,008.96, down 0.54% compared to the previous day.

Individuals have net purchased 22.6 billion KRW, while foreigners and institutions have net sold 18.3 billion KRW and 2.1 billion KRW, respectively.

By sector, the finance industry (-0.31%), internet industry (-0.27%), and digital content industry (-0.19%) are declining, whereas medical and precision instruments (+0.36%), transportation (+0.33%), and food and tobacco (+0.17%) sectors are rising.

Meanwhile, on the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 33,730.89, up 53.62 points (0.16%) from the previous session. The Standard & Poor's (S&P) 500 index closed at 4,124.66, down 16.93 points (0.41%), and the tech-heavy Nasdaq index ended at 13,857.84, down 138.26 points (0.99%).