KOSPI Retreats to 2580 Level Amid Weakness... KOSDAQ Down 1%

The KOSPI retreated back to the 2580 level. The KOSDAQ is down nearly 1%.

As of 9:25 a.m. on the 24th, the KOSPI recorded 2589.87, down 9.75 points (0.38%) from the previous trading day.

By investor type, individuals are net buyers with 106.6 billion KRW. On the other hand, foreigners and institutions are net sellers with 85.4 billion KRW and 24.4 billion KRW, respectively.

By sector, electric gas, steel and metals rose more than 2%. Securities, food and beverages, and non-metallic minerals are showing slight gains. Conversely, electric and electronics, medical precision sectors are down more than 1%. Machinery, services, construction, and distribution sectors are in slightly negative territory.

Among the top market capitalization stocks, Samsung Electronics is trading at 57,900 KRW, down 1,200 KRW (2.03%) from the previous trading day. SK Hynix also fell 1.22%. Samsung Biologics, Hyundai Motor, and Kia are down more than 1%. Meanwhile, LG Energy Solution jumped 2.48%, and LG Chem rose 1.23%.

The KOSDAQ recorded 738.03, down 7.16 points (0.96%).

By investor type, individuals are net buyers with 95.3 billion KRW. Foreigners and institutions are net sellers with 41.9 billion KRW and 40.9 billion KRW, respectively.

By sector, entertainment and culture, machinery and equipment, and general electric and electronics are down more than 1%. Other sectors such as other manufacturing, distribution, construction, and finance are slightly down.

Among the top market capitalization stocks, Alteogen traded at 383,500 KRW, up 3,000 KRW (0.79%) from the previous trading day. On the other hand, Classys plunged 4.26%. EcoPro BM, Samchundang Pharmaceutical, Celltrion Pharm, and Rainbow Robotics are down more than 1%.