KOSPI Starts Weak Around 2400 Level... Foreigners and Institutions 'Sell Off'

KOSDAQ Also Opens Lower

On the 11th, the KOSPI started weak around the 2400 level. The KOSDAQ also turned down and began trading slightly lower.

On the 10th, at the Hana Bank headquarters in Jung-gu, Seoul, dealers were working as the KOSPI index surged over 5% in early trading following news of the US mutual tariff waiver, triggering a buy-side car. On the same day, the won-dollar exchange rate started trading at 1,446 won, down 38.1 won from the previous trading day. 2025.4.10. Photo by Kang Jin-hyung

As of 9:05 AM that day, the KOSPI was at 2409.09, down 1.47% from the previous trading day. The index opened at 2400.74, down 1.81% from the previous close. Foreigners and institutions sold 16.1 billion KRW and 4.9 billion KRW respectively, while individuals were net buyers with 20.2 billion KRW.

All sectors except electricity and gas (0.25%) were in decline. Sectors such as electrical and electronics (-2.21%), insurance (-2.01%), metals (-1.99%), chemicals (-1.95%), medical and precision instruments (-1.82%), manufacturing, transportation and warehousing (-1.64%), IT services (-1.54%), and finance (-1.45%) were falling.

Among the top 10 market capitalization stocks, all were down except for HD Hyundai Heavy Industries (4.78%). Samsung Electronics (-1.77%), SK Hynix (-2.95%), LG Energy Solution (-3.43%), Samsung Biologics (-0.59%), Hyundai Motor (-3.26%), Celltrion (-2.07%), and Kia (-2.83%) were all declining.

At the same time, the KOSDAQ was at 678.59, down 0.47% from the previous close. The index opened at 673.09, down 1.28% from the previous day. Individuals were net sellers with 16.5 billion KRW, while foreigners and institutions were net buyers with 16.1 billion KRW and 1.4 billion KRW respectively.

By sector, non-metal (-1.21%), electrical and electronics (-1.19%), machinery, equipment and finance (-0.98%), and chemicals and manufacturing (-0.73%) were down, while entertainment and culture (0.58%), transportation equipment and parts (0.57%), publishing and media reproduction (0.41%), IT services (0.3%), metals (0.27%), and construction (0.26%) were up.

Among the top market cap stocks, Alteogen (0.27%), Rainbow Robotics (1.54%), Classys (0.08%), and Ligand Chem Bio (2.01%) were rising, while EcoPro BM (-2.61%), EcoPro (-2.29%), HLB (-2.09%), and Hugel (-1.05%) were weak.