[Asia Economy Reporter Lee Jung-yoon] The KOSPI index showed a downward trend on the afternoon of the 4th due to simultaneous selling by individuals and foreigners.
As of 1:38 PM on the day, the KOSPI index was recorded at 2280.17, down 25.25 points (1.10%) compared to the previous trading day.
Until the morning, the index fluctuated around the 2300 level, but the decline widened in the afternoon. Around 1:25 PM, it recorded 2276.63, breaking the morning's intraday low once again. Individuals and foreigners sold stocks worth approximately 34.1 billion KRW and 115.6 billion KRW respectively, leading the index decline, while institutions net bought 145.9 billion KRW.
Among the top market capitalization stocks, Samsung Electronics and SK Hynix rose by 1.07% and 0.91%, respectively. Samsung Biologics also increased by 0.38%. Hyundai Motor (-2.78%), NAVER (NAVER) (-2.32%), Samsung SDI (-1.95%), LG Chem (-1.77%), Kia (-1.03%), and LG Energy Solution (-0.14%) showed weakness in that order. Kakao remained flat.
By sector, except for medical precision (1.58%), telecommunications (0.47%), electrical and electronics (0.27%), pharmaceuticals (0.12%), and food and beverage (0.01%), all sectors were down. The construction sector fell the most, dropping 4.73%. This was followed by machinery (-4.41%), transportation equipment (-3.31%), and non-metallic minerals (-2.59%) in weakness.
At the same time, the KOSDAQ index was recorded at 714.98, down 14.50 points (1.99%) from the previous trading day. Individuals net bought 87.6 billion KRW, but foreigners and institutions net sold 78.1 billion KRW and 7.6 billion KRW, respectively.
HLB rose the most, up 2.86%. This was followed by Alteogen (1.39%), Pearl Abyss (0.91%), and EcoPro BM (0.18%). Kakao Games (-4.34%), L&F (-1.61%), Chunbo (-1.17%), Studio Dragon (-0.28%), Celltrion Pharm (-0.25%), and Celltrion Healthcare (-0.14%) declined in that order.
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