KOSPI Steady Around 2420 in Early Trading... KOSDAQ Declines

The KOSPI, entering its fourth day of the 'short-selling ban,' was steady on the morning of the 9th.

As of 9:36 a.m., the KOSPI index was trading at 2,421.23, down 0.39 points (0.02%) from the previous trading day. The index opened at 2,425.93, up 4.31 points (0.18%), but has since fluctuated around the 2,420 level. Individual and institutional investors net bought approximately 11 billion KRW and 29.8 billion KRW respectively, while foreign investors net sold about 36.4 billion KRW.

Among the top market capitalization stocks, KB Financial Group rose 1.92%, Hyundai Mobis 1.35%, and Kakao 1.14%. Meanwhile, POSCO Future M fell 2.83%, POSCO Holdings 2.30%, and Samsung SDI 1.89%.

By sector, non-metallic minerals increased 1.62%, beverage and food 1.07%, distribution 0.84%, and paper and wood 0.64%. Conversely, electric and gas utilities dropped 1.77%, steel and metals 1.72%, and chemicals 0.79%.

On the 8th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed down 40.33 points (0.12%) at 34,112.27. The large-cap S&P 500 index rose 4.40 points (0.10%) to 4,382.78, and the tech-heavy Nasdaq index increased 10.56 points (0.08%) to 13,650.41.

At the same time, the KOSDAQ index recorded 805.66, down 5.36 points (-0.66%) from the previous close. Individuals bought 86.5 billion KRW, but foreign and institutional investors sold 23 billion KRW and 45.4 billion KRW respectively.

Among the top market capitalization stocks, Dongjin Semichem rose 2.16%, HPSP 1.65%, and Wemade 1.51%. Meanwhile, Pearl Abyss fell 8.57%, EcoPro BM 4.89%, and EcoPro 4.34%.