KOSPI’s Gains Narrow Amid Foreign Selling… Hovers Around 9,100
Index briefly recovered to the 9,250 level in the morning… but turned lower in the afternoon
Foreign Investors Dominate Selling; Retail and Institutional Investors Dominate Buying
Most Top-Market-Cap Stocks Down… SKSQUARE Up 8%, SK Hanik Up 4%
KOSDAQ Falls… SAM CHUN DANG PHARM CO. LTD Down 5%
[Edaily Reporter Park Jung-Soo ] The KOSPI, which had recovered to the 9,250 level during the session, is seeing its gains narrow in the afternoon. According to MP Doctor on the 22nd, as of 2:17 p.m., the KOSPI is trading at 9,103.44, up 0.56% (51.02 points) from the previous trading day. Earlier this morning, the KOSPI surged to 9,253 points, but its gains have been narrowing in the afternoon. On the stock market today, retail investors and institutions are buying 1.6887 trillion won and 380.9 billion won worth of shares, respectively, while foreign investors are selling 2.1401 trillion won worth. Program trading shows a net sell of 1.6864 trillion won, combining both arbitrage and non-arbitrage trades. By sector, retail, healthcare, and precision instruments are up by around 2%, while electrical and electronics are rising by about 1%. Manufacturing, construction, and electricity and gas are also showing gains. In contrast, insurance is down by about 6%, and securities, transportation, and warehousing are down by about 4%. Entertainment and culture, IT services, and food, beverages, and tobacco are down by more than 2%. Among the top market-cap stocks, declines are predominant, but SKSQUARE(402340)is surging by more than 8%. SAMSUNG C&T CORPORATION(028260)is up more than 6%, and SK hynix(000660)is rising by around 4%. On the other hand, Samsung Life Insurance(032830)is down by around 6%, and SAMSUNG BIOLOGICS(207940)is falling by more than 5%. HyundaiMotor(005380)is down by around 4%, while HD HYUNDAI HEAVY INDUSTRIES(329180) and LG Energy Solution(373220) are recording declines of around 3%. Meanwhile, the KOSDAQ index is trading at 962.83, down 0.39% (3.76 points) from the previous trading day. Among the top market-cap stocks, performance is mixed, with SAM CHUN DANG PHARM CO. LTD(000250)down in the 5% range and ABL Bio Inc.(298380)down more than 3%. Rainbow Robotics(277810)is down in the 2% range, while LEENO Industrial Inc(058470) and ECOPRO BM CO., LTD.(247540) are down more than 1%.
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