The KOSPI is falling due to simultaneous net selling by foreigners and institutions. Automobile-related stocks are showing weakness following the U.S. imposition of a 25% tariff on foreign-made cars.
As of 9:58 a.m. on the 27th, the KOSPI recorded 2,630.40, down 13.54 points (0.51%) from the previous trading day.
On the 26th (local time) in the New York stock market, the Dow Jones Industrial Average, centered on blue-chip stocks, closed at 42,454.79, down 132.71 points (0.31%) from the previous trading day. The large-cap S&P 500 fell 64.45 points (1.12%) to 5,712.2, and the tech-heavy Nasdaq dropped 372.84 points (2.04%) to 17,899.01. The news that the White House planned to announce an unplanned automobile tariff in the afternoon influenced the market. Automobile-related stocks experienced significant declines before the New York market closed. General Motors (GM) fell 3.12%, Stellantis dropped 3.55%, and Tesla declined 5.58%.
By investor type, foreigners and institutions net sold 70.2 billion KRW and 73.8 billion KRW, respectively. In contrast, individuals net bought 115.7 billion KRW.
By sector, transportation equipment and parts fell 1.51%, and transportation and warehousing also declined 1.48%. Metals and pharmaceuticals dropped more than 1% as well.
Among the top market capitalization stocks, Samsung Electronics traded at 61,600 KRW, up 200 KRW (0.33%) from the previous trading day. Meanwhile, automobile stocks showed significant declines due to tariff impacts. Hyundai Motor and Hyundai Mobis fell more than 2%, and Kia dropped 1.87%. Additionally, SK Hynix, Samsung Biologics, Celltrion, and KB Financial also declined more than 1%.
The KOSDAQ recorded 716.54, up 0.06 points (0.01%).
By investor type, foreigners and institutions net sold 20.6 billion KRW and 100 million KRW, respectively. Meanwhile, individuals net bought 16.9 billion KRW.
By sector, construction and entertainment/culture rose more than 1%. In contrast, machinery equipment fell 1.15%, and medical/precision instruments, electrical/electronics, and chemicals also showed downward trends.
Among the top market capitalization stocks, Alteogen traded at 359,500 KRW, down 2,500 KRW (0.69%) from the previous trading day. HLB and SM rose more than 3%. Conversely, HPSP and Kolon TissueGene fell more than 2%, while EcoPro, Classys, and Lino Industrial dropped more than 1%.
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