The KOSPI index repeatedly hit new 52-week lows amid the 'impeachment crisis' shock, sliding to the low 2360 range. The KOSDAQ index plunged more than 5%, dropping to the 630 level.
On the 9th, the KOSPI index closed at 2360.58, down 67.58 points (2.78%) from the previous session. The index started down 1.81%, hit new intraday lows, and ultimately closed just above the 2360 mark.
Within the KOSPI market, 870 stocks declined, 60 advanced, and 8 remained unchanged.
Individual investors were net sellers, offloading 889.1 billion KRW worth of shares, while foreigners and institutions bought 100.3 billion KRW and 692 billion KRW worth, respectively. Program trading recorded a net purchase of 167.5 billion KRW, combining arbitrage and non-arbitrage trades.
By sector, metals (-10.02%) showed the steepest decline, impacted by a more than 15% plunge in Korea Zinc. Other sectors with significant drops included construction (-5.64%), chemicals (-4.98%), securities (-4.37%), non-metallic minerals (-4.14%), machinery and equipment (-4.08%), general services (-3.86%), insurance (-3.80%), textiles and apparel (-3.78%), medical precision instruments (-3.64%), distribution (-3.40%), IT services (-3.23%), finance (-3.10%), entertainment and culture (-2.94%), transportation and warehousing (-2.61%), and manufacturing (-2.60%).
Among the top market cap stocks, most declined except SK Hynix (1.08%). Samsung Electronics (-1.29%), LG Energy Solution (-0.77%), Samsung Biologics (-0.94%), Hyundai Motor (-1.23%), Celltrion (-2.78%), Samsung Electronics Preferred (-1.54%), Kia (-2.95%), KB Financial Group (-2.93%), and NAVER (-1.47%) all fell.
Meanwhile, the KOSDAQ index also closed lower at 627.01, down 34.32 points (5.19%). The index started down and widened its losses during the session.
In the KOSDAQ market, individuals sold 301.5 billion KRW worth of shares, while foreigners and institutions bought 204.9 billion KRW and 100.2 billion KRW worth, respectively. Program trading recorded a net purchase of 224.8 billion KRW, combining arbitrage and non-arbitrage trades.
Top market cap stocks were wiped out. Alteogen (-6.86%), Rigacembio (-5.44%), Hugel (-6.79%), Enchem (-7.74%), Classys (-7.72%), Rainbow Robotics (-7.30%), and JYP Ent. (-7.32%) experienced large declines. EcoPro BM (-0.46%), HLB (-0.41%), and EcoPro (-0.99%) saw limited losses.
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