Foreigners Sell for 5 Consecutive Trading Days... Eventually Falling to 'Around 40,000 Won'

KOSPI Closes Slightly Higher at 2418.86
Ends with Semiconductor Sector Weakness
Individuals Also Turn to 'Sell'
Samsung Electronics Closing Price at 40,990 Won

The stock market, which opened one hour later on the CSAT day, saw the KOSPI index start with a slight increase, and Samsung Electronics, which had been declining, turned to an upward trend. A KOSDAQ listing ceremony for a company is taking place at the Korea Exchange Seoul office. Photo by Heo Young-han

On the 14th, the KOSPI closed slightly higher despite selling pressure from foreigners and individual investors. Foreigners continued their net selling in the KOSPI market for the fifth consecutive trading day since the 8th. Samsung Electronics showed an upward trend during the session but fell just before the close, finishing at the "40,000 won" level.

The KOSPI closed at 2,418.86, down 0.07% (1.78 points) from the previous day. It opened at 2,430.26, up 0.55% (13.18 points) from the previous close.

Foreigners and individuals net sold 271.4 billion won and 69.5 billion won, respectively. Foreigners sold for five consecutive trading days, and individuals turned to selling after three days of net buying. Only institutions net bought 276.1 billion won. In the futures market, foreigners and individuals bought 159.1 billion won and 58.2 billion won, respectively, while institutions sold 206.2 billion won.

Among the top 10 stocks by market capitalization, weakness in semiconductors was prominent. Samsung Electronics, ranked first in market cap, closed at 49,900 won, down 1.38% from the previous day. Foreigners sold Samsung Electronics worth 477.244 billion won on the day, marking 12 consecutive trading days of net selling since October 30.

SK Hynix closed at 173,000 won, plunging 5.41% from the previous day, ranking first in the decline rate. KB Financial also fell 1.21% to 89,900 won. On the other hand, NAVER rose 3.46%, LG Energy Solution 2.43%, Kia 1.87%, and Shinhan Financial Group 0.89%, showing the highest gains in that order.

The KOSDAQ closed at 681.56, down 1.17% (8.98 points) from the previous day. It opened at 694.16, up 0.65% (4.51 points) from the previous close, but turned downward in the afternoon. Foreigners and individuals net sold 3 billion won and 124.3 billion won, respectively, pulling the index down. Only institutions net bought 137.9 billion won.

Among the top 10 stocks by market capitalization on KOSDAQ, only Alteogen rose 4.74%, Hugel 3.79%, Classys 2.13%, and HLB 0.83%.