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KOSDAQ Falls Over 1% Due to Net Selling by Foreigners and Institutions... "Below 770 Level"

The KOSDAQ fell more than 1% due to simultaneous net selling by foreigners and institutions, dropping below the 770 level. Meanwhile, the KOSPI closed slightly higher, supported by net buying from foreigners.


On the 13th, the KOSDAQ closed at 764.86, down 7.86 points (1.02%) from the previous trading day.


By investor type, foreigners and institutions net sold 176.3 billion KRW and 68.8 billion KRW respectively. In contrast, individuals net bought 242.3 billion KRW.


By sector, medical precision instruments fell 2.33%, while chemicals, pharmaceuticals, metals, textiles and apparel, and other manufacturing sectors dropped more than 1%. On the other hand, machinery equipment, food and tobacco, and paper and wood sectors rose slightly.


Among the top market capitalization stocks, EcoPro BM closed at 180,400 KRW, up 400 KRW (0.22%) from the previous trading day. Pearl Abyss surged 5.06%, and HLB also rose 2.54%. In addition, Lino Industrial and Rainbow Robotics increased by more than 1%.


On the day, the KOSDAQ saw 488 stocks rise, including 7 stocks hitting the upper price limit such as Celemix, Lemon, Carry, and Capstone Partners. Meanwhile, 1,071 stocks fell, including CNH which hit the lower price limit, and 99 stocks remained unchanged.


The KOSPI closed at 2,621.50, up 3.20 points (0.12%) from the previous trading day.


By investor type, foreigners net bought 133 billion KRW, while individuals and institutions net sold 27.1 billion KRW and 63.2 billion KRW respectively.


By sector, insurance rose 3.24%, while telecommunications, finance, and food sectors increased nearly 1%. Conversely, medical precision instruments fell 3.00%, pharmaceuticals dropped 2.11%, and construction and machinery sectors also declined more than 1%.


Among the top market capitalization stocks, Samsung Electronics closed at 76,100 KRW, up 600 KRW (0.79%) from the previous trading day. SK Hynix, KB Financial Group, and Shinhan Financial Group rose more than 2%. On the other hand, Celltrion fell 3.65%, and NAVER dropped 2.43%. Additionally, Samsung Biologics, Samsung C&T, and Samsung SDI declined more than 1%.


On the day, the KOSPI saw 325 stocks rise without any hitting the upper price limit, 563 stocks fell without any hitting the lower price limit, and 49 stocks remained unchanged.


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