[Asia Economy Reporter Park Jihwan] The domestic stock market, which started lower due to the impact of the U.S. stock market's sharp decline amid overnight concerns over early tightening, continued its weakness into the afternoon.
As of 1:19 PM on the 21st, the KOSPI stood at 2822.98, down 1.39% (39.70 points) from the previous trading day. The KOSPI opened at 2837.49, down 0.88% (25.19 points) from the previous day, and has since widened its losses. At one point, the index fell below the 2820 level.
By investor type, foreigners and institutions sold a net 314.4 billion KRW and 534.1 billion KRW, respectively. Individuals bought a net 864.4 billion KRW, defending the index.
Most of the top market capitalization stocks were down. Samsung Electronics (-2.09%), SK Hynix (-5.20%), NAVER (-1.19%), LG Chem (-1.15%), and Samsung SDI (-1.89%) declined. On the other hand, Samsung Biologics (0.25%) and KB Financial Group (0.50%) rose.
At the same time, the KOSDAQ was at 941.36, down 1.81% (17.34 points) from the previous trading day. The index started the session at 950.67, down 0.84% (8.03 points) from the previous day.
By investor type, individuals bought a net 353.5 billion KRW. Foreigners and institutions sold stocks worth 280.7 billion KRW and 75.2 billion KRW, respectively.
Among the top market capitalization stocks, Celltrion Healthcare (-0.61%), EcoPro BM (-4.18%), L&F (-2.73%), WeMade (-0.51%), HLB (-2.34%), and Chunbo (-4.17%) declined. Meanwhile, Pearl Abyss (0.80%), Kakao Games (0.42%), and Seegene (0.17%) rose.
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