The KOSPI index closed lower, pressured by net selling from foreign investors.
On the 12th, the KOSPI index ended trading at 2,536.58, down 20.30 points (0.79%) from the previous day. The trading volume was 354.51 million shares, and the trading value was tentatively estimated at 8.7868 trillion KRW.
Looking at the trends by investor type, institutions and individuals were net buyers of 54.8 billion KRW and 219.2 billion KRW respectively, while foreign investors were net sellers of 297.9 billion KRW, weighing down the market. In program trading, there was a net purchase of 2 billion KRW in arbitrage trading and a net sale of 324.6 billion KRW in non-arbitrage trading.
By sector, most sectors declined. Medical precision fell 3.97%, steel and metals -3.0%, construction -2.11%, electricity and gas -1.83%, textiles and apparel -1.59%, machinery -1.55%, pharmaceuticals -1.54%, and distribution -1.12% all showed weakness. On the other hand, paper and wood rose 0.61%, and food and beverages also increased by 0.25%.
Among the top market capitalization stocks, performances were mixed. Samsung Electronics fell 0.42%, LG Energy Solution -1.67%, Samsung Biologics -1.5%, POSCO Holdings -4.21%, LG Chem -0.36%, and Samsung SDI -2.62%. Meanwhile, SK Hynix rose 0.69%, Hyundai Motor 0.38%, and NAVER 3.78%.
The KOSDAQ index also showed a sharp decline on the day. The KOSDAQ index closed at 898.04, down 14.51 points (1.59%) from the previous day. By investor type, institutions and foreign investors were net buyers of 134.6 billion KRW and 31.6 billion KRW respectively, while foreign investors were net sellers of 140.6 billion KRW.
Among the top market capitalization stocks, EcoPro BM fell 4.31%, and EcoPro plunged 5.1%. Celltrion Healthcare declined 2.56%, POSCO DX -7.28%, and Rainbow Robotics -7.86%. On the other hand, L&F rose 1.72%, HLB 7.6%, JYP Ent. 0.75%, and SM 2.31%.
Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate closed at 1,327.8 won, down 3.3 won.
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