The KOSPI index experienced a rollercoaster session amid the impeachment trial verdict issue of former President Yoon Seok-yeol, ultimately closing lower due to heavy net selling by foreigners.
On the 4th, the KOSPI index closed at 2,465.42, down 21.28 points (0.86%) from the previous day. Trading volume was 690.37 million shares, and the trading value was tentatively tallied at 10.6931 trillion won.
That day, the KOSPI index started lower due to the sharp drop in the New York stock market the previous day and ahead of the impeachment trial verdict of former President Yoon Seok-yeol. At 11 a.m., with the impeachment trial verdict announcement, the KOSPI index began to fluctuate, moving between -1.96% and 0.8% intraday. However, it ultimately closed lower, pressured by strong selling from foreigners.
By investor type, institutions and individuals were net buyers of 620.3 billion won and 1.0696 trillion won, respectively, while foreigners were net sellers of 1.7874 trillion won, weighing down the index. In the futures market, institutions and individuals were net buyers of 661.5 billion won and 148.5 billion won, respectively, while foreigners were net sellers of 779.6 billion won. Program trading saw net selling of 32.2 billion won in arbitrage trading and 1.0817 trillion won in non-arbitrage trading.
By sector, more sectors declined. The pharmaceutical sector fell 2.07%, machinery equipment -1.97%, electrical and electronics -1.95%, medical precision -1.63%, manufacturing -1.31%, general services -0.9%, transportation equipment -0.73%, finance -0.58%, insurance -0.58%, securities -0.55%, and real estate -0.43% closed weaker. On the other hand, paper and wood rose 4.54%, entertainment and culture 3.17%, non-metallic minerals 1.38%, chemicals 1.34%, and telecommunications 1.24% increased.
Top market capitalization stocks showed mixed movements. Samsung Electronics fell 2.6%, SK Hynix -6.37%, Samsung Biologics -3.95%, Hyundai Motor -1.03%, Kia -1.21%, NAVER -0.4%, and Hyundai Mobis -0.38% declined. Conversely, LG Energy Solution rose 4.44%, Celltrion 0.23%, Hanwha Aerospace 0.72%, KB Financial 0.78%, and HD Hyundai Heavy Industries 1.52% increased.
That day, 562 stocks rose, 330 stocks fell, and 47 stocks remained unchanged. Four stocks hit the upper price limit.
The KOSDAQ index also showed a rollercoaster session. The KOSDAQ index closed at 687.39, up 3.9 points (0.57%) from the previous day. The KOSDAQ index started lower but surged up to 2.08% intraday, though it narrowed gains due to net selling by foreigners.
By investor type, institutions and individuals were net sellers of 73 billion won and 31.9 billion won, respectively, while foreigners were net sellers of 88.6 billion won.
Among the top market capitalization stocks, more rose. EcoPro BM rose 7.68%, HLB 1.05%, EcoPro 8.88%, Hugel 0.57%, Samchundang Pharmaceutical 1.25%, Kolon TissueGene 2.22%, and Peptron 8.4% increased. Meanwhile, Alteogen fell 0.55%, Rainbow Robotics -1.85%, and Pharma Research -1.18% closed lower.
Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate is trading at 1,436.0 won, down 17.5 won from the previous day.
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