The KOSPI retreated to the 2560 level, falling more than 1% due to simultaneous net selling by foreigners and institutions.
On the 2nd, the KOSPI closed at 2561.69, down 31.58 points (1.22%) from the previous trading day.
On that day, the index opened at 2566.55, down 1.03% from the previous trading day. In the early session, it fell further to 2555.46, widening the decline. Afterwards, as foreigners and institutions reduced their net selling, it recovered to as high as 2591.61. However, institutions expanded net selling during the closing call auction, resulting in a decline of more than 1% by the end of trading.
By investor type, foreigners and institutions net sold 301.8 billion KRW and 705.5 billion KRW respectively. Meanwhile, individuals net bought 987.6 billion KRW.
Most sectors declined. The electric and gas sector fell 3.37%, while insurance, food and beverages, and transportation and warehousing dropped more than 2%. Additionally, chemicals, distribution, construction, manufacturing, and pharmaceuticals fell more than 1%. In contrast, textiles and apparel and securities rose slightly.
Among the top market capitalization stocks, Samsung Electronics closed at 61,300 KRW, down 200 KRW (0.33%) from the previous trading day. SK Hynix fell 3.15%, while Hyundai Motor, Celltrion, POSCO Holdings, and Samsung C&T dropped more than 2%. On the other hand, KB Financial Group and Shinhan Financial Group rose slightly.
On that day in the KOSPI, 181 stocks rose without any hitting the upper limit, 706 stocks fell without any hitting the lower limit, and 49 stocks were unchanged.
The KOSDAQ closed at 762.13, down 1.75 points (0.23%) from the previous trading day.
By investor type, individuals and foreigners net sold 21.5 billion KRW and 21.1 billion KRW respectively. Meanwhile, institutions net bought 42.9 billion KRW.
By sector, construction, food, beverages and tobacco, and pharmaceuticals fell more than 1%. In contrast, finance rose 2.42%.
Among the top market capitalization stocks, EcoPro BM closed at 191,000 KRW, up 5,600 KRW (3.04%) from the previous trading day. EcoPro rose 4.29%, and Alteogen and HPSP also increased more than 2%. On the other hand, Silicon투 plunged 8.23%, and Rainbow Robotics fell 3.22%. Additionally, HLB and Samchundang Pharmaceutical declined more than 1%.
In the KOSDAQ market, 396 stocks rose, including 6 stocks such as AlphaNox, Cellumed, and DGP that hit the upper limit. 1,201 stocks fell without any hitting the lower limit, and 82 stocks were unchanged.
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