Foreign Investors and Institutions Continue Selling on Korean Stock Market Today... Samsung Electronics Hits New Low

Foreigners Also 'Selling' in Futures Market

On the 10th, the KOSPI opened higher but soon turned downward, sliding to the 2520 level. Due to combined selling pressure from foreigners and institutions, it closed lower for the sixth consecutive trading day. Samsung Electronics also hit a new 52-week low as investor sentiment weakened.

The KOSPI closed at 2523.43, down 0.49% (12.50 points) from the previous day. It started the day at 2542.69, up 0.27% (6.76 points) from the previous close, but soon reversed into a decline.

Foreigners and institutions sold net amounts of 666.1 billion KRW and 61.5 billion KRW respectively, pulling the index down. Only individuals were net buyers with 683.8 billion KRW. In the futures market, foreigners alone sold 456.5 billion KRW, while individuals and institutions bought 105.2 billion KRW and 379.1 billion KRW respectively.

Among the top 10 stocks by market capitalization, weakness in semiconductors and batteries was prominent. Samsung Electronics closed at 66,200 KRW, down 1.93% from the previous day. SK Hynix and LG Energy Solution fell 0.96% and 5.01% respectively. On the other hand, Samsung Biologics rose 3.21% to close at 996,000 KRW.

The KOSDAQ closed at 706.20, down 1.16% (8.26 points) from the previous day. It opened at 717.97, up 0.49% (3.51 points) from the previous close, but also reversed into a decline. Foreigners and institutions sold net amounts of 191.2 billion KRW and 66.9 billion KRW respectively, while individuals were net buyers with 255.2 billion KRW.

Among the top 10 stocks by market capitalization, mixed trends were observed. Notable declines included HLB down 5.20%, EcoPro down 3.46%, Samchundang Pharmaceutical down 2.76%, and EcoPro BM down 1.91%.