KOSPI Falls About 0.8% in Afternoon Trading... Trades Around 3020 Level

Samsung Electronics down 1.41% · LG Chem down 1.93%

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] As net selling by foreigners and institutions increases, the KOSPI's decline is accelerating in the afternoon session.

At 1:53 PM on the 27th, the KOSPI stood at 3,022.61, down 0.87% (26.47 points) from the previous trading day. The index opened at 3,045.83, down 0.11% (3.25 points) from the previous day, and the decline has deepened in the afternoon. According to the comprehensive investment trend, individuals alone bought stocks worth 606.7 billion KRW, while foreigners and institutions sold stocks worth 265.3 billion KRW and 360.5 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics traded down 1.41% at 70,200 KRW. NAVER (0.36%), Samsung Biologics (2.16%), Samsung SDI (2.16%), Hyundai Motor (0.23%), and Kia (0.47%) continued to rise, while SK Hynix (-0.49%), Kakao (-0.39%), and LG Chem (-1.93%) declined.

At the same time, the KOSDAQ index was down 0.36% (3.66 points) at 1,008.10. The KOSDAQ index opened at 1,012.91, up 0.11% (1.15 points) from the previous day, then turned downward and widened its losses. In terms of investment trends, individuals alone bought stocks worth 184.4 billion KRW, while foreigners and institutions sold stocks worth 114.9 billion KRW and 8.6 billion KRW, respectively.

Among the top market capitalization stocks, Celltrion Healthcare (-0.89%), EcoPro BM (-0.43%), HL Biopharma (-4.09%), Celltrion Pharm (-1.61%), SK Materials (-1.06%), and CJ ENM (-2.93%) declined. On the other hand, Pearl Abyss (4.08%), Kakao Games (5.72%), and Wemade (6.15%) rose.