KOSPI Falls Below 2500 Intraday for First Time in 62 Days...All Sectors Decline Indiscriminately

Decline Across All Industries Including Medical and Chemical
Samsung Electronics Hits 52-Week Low
KOSDAQ Down 1,395 Stocks, Bio and Semiconductor Weakness

The KOSPI fell below the 2500 mark during trading for the first time in two months.

Yonhap News

On the 12th, the KOSPI was trading at 2499.88, down 31.78 points (1.26%) from the previous session. The KOSPI opened at 2527.94, down 3.72 points from the previous day, reached an intraday high of 2532.44 early in the session, and then turned downward. The breach of the 2500 level during trading is the first since September 11, marking 62 days. If the closing price also falls below 2500, it will be the first time since August 5, known as "Black Monday."

By investor type, individual investors are buying alone with net purchases of 133.6 billion KRW. Meanwhile, foreign investors are net sellers with 82.3 billion KRW, and institutions are net sellers with 54.4 billion KRW.

Among the top 10 stocks by market capitalization, LG Energy Solution (1.68%), KB Financial Group (1.19%), NAVER (2.10%), and Shinhan Financial Group (0.18%) are slightly up. In contrast, the "blue-chip" Samsung Electronics fell 2%, hitting a new 52-week low again, and SK Hynix also dropped 3.06%. Among the top 10 by market cap, Celltrion's decline (-3.22%) is the largest. By sector, all sectors are down, with medical precision (-4.18%), pharmaceuticals (-2.42%), food and beverages (-2.12%), and chemicals (-1.97%) showing particularly steep declines.

The KOSDAQ index is trading at 714.12, down 14.72 points (2.02%) from the previous day.

By investor type, individual investors are net buyers with 41.7 billion KRW. Meanwhile, institutions are net sellers with 4.2 billion KRW, and foreign investors are net sellers with 36.8 billion KRW.

228 stocks are rising, 1,395 stocks are falling, and 66 stocks are unchanged. Among the top 10 by market cap, except for Ecopro and HLB (0.17%), which are unchanged, all are declining. Hugel (-5.69%), Enchem (-3.69%), and Classys (-4.87%) are recording declines exceeding 3%.