KOSDAQ Falls Below 1000 During Trading... First Time in About 2 Months

[Asia Economy Reporter Gong Byung-sun] The KOSDAQ index fell below the 1000 mark for the first time in about two months.

As of 9:25 a.m. on the 18th, the KOSDAQ recorded 999.26, down 1.17% (11.79 points) from the previous trading day. It is the first time in about two months since June 17 that the KOSDAQ has fallen below 1000.

On this day, the KOSDAQ opened the market at 1006.80, down 0.42% (4.25 points) from the previous trading day. The index showed high volatility, even recovering above the 1010 level.

There is strong selling pressure from individuals and institutions. On this day, individuals and institutions sold a net amount of 47.2 billion KRW and 8.6 billion KRW, respectively. Foreigners bought a net amount of 59.1 billion KRW. The KOSPI opened the market at 3141.48, down 0.04% (1.11 points).