KOSPI, Institutions vs Foreigners... Slightly Firm Intraday Trend

On the 25th, as the U.S. stock market experienced its largest drop since 2022 due to concerns over big tech earnings, the KOSPI index opened at 2,719.74, down 38.97 points (-1.41%) from the previous trading day (2,758.71). The index is displayed on the electronic board in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Jo Yongjun jun21@

The KOSPI index is moving in a slightly positive range as buying and selling by institutions and foreigners diverge.

As of 10:36 AM on the 31st, the KOSPI index is trading at 2,743.97, up 0.21% from the previous day.

By investor type, institutions and individuals are net buyers of 10.5 billion KRW and 3.3 billion KRW respectively, while foreigners are net sellers of 5.6 billion KRW. In the futures market, institutions and individuals are net buyers of 32.9 billion KRW and 18.5 billion KRW respectively, whereas foreigners are net sellers of 51.9 billion KRW.

By sector, more sectors are rising. The medical precision sector rose 2.29%, construction 2.1%, insurance 1.99%, distribution 1.94%, food and beverages 1.81%, non-metallic minerals 1.58%, finance 0.57%, services 0.38%, telecommunications 0.37%, and textiles and apparel 0.17% showed strength. On the other hand, steel and metals fell 0.91%, pharmaceuticals -0.54%, and transportation and warehousing -0.17% were weak.

Most of the top market capitalization stocks are weak. SK Hynix is down 0.32%, LG Energy Solution -1.5%, Hyundai Motor -0.2%, Celltrion -1.67%, Kia -0.54%, KB Financial Group -2.13%, and Shinhan Financial Group -0.5% are all weak. Meanwhile, Samsung Electronics is up 0.37%, Samsung Biologics 0.21%, and Samsung C&T Corporation 3.06% are on the rise.

At the same time, the KOSDAQ index continues to weaken. The KOSDAQ index is trading at 798.53, down 0.65% from the previous day. By investor type, institutions and foreigners are net sellers of 25.6 billion KRW and 72.4 billion KRW respectively, while individuals are net buyers of 99.2 billion KRW.

The top market capitalization stocks show mixed movements. Ecopro BM and Ecopro are down 2.4% and 3.02% respectively, HLB -0.64%, Samchundang Pharmaceutical -0.93%, Celltrion Pharm -1.38%, and Classys -2.0% are weak. On the other hand, Alteogen is up 0.94%, Enchem 0.96%, and Rigachem Bio 2.58% are strong.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate is trading at 1,380.4 won, down 4.2 won from the previous day.