The KOSPI index fell more than 5% during trading, dropping to the 6,400 level, but managed to recover thanks to significant buying from foreign and institutional investors.
On July 14, the Korea Exchange reported that the KOSPI closed at 6,856.83, up 49.90 points (0.73%) from the previous trading day. The index opened at 6,769.06 (-0.56%) and initially rose to 6,979.92 (2.54%), but selling pressure quickly intensified, causing it to drop to 6,448.86, a decline of 358.07 points (5.26%) from the previous day. It then rapidly regained ground to close higher.
In the securities market, individual investors sold a net 4.15 trillion won, while foreign and institutional investors bought a net 978.8 billion won and 3.22 trillion won, respectively, absorbing the individual sell-off.
Among the top market capitalization stocks in the KOSPI, Samsung Electronics rose by 3.34%, SK Hynix by 3.69%, SK Square by 2.50%, and Samsung Electronics preferred shares by 3.00%. Conversely, Samsung Electro-Mechanics fell by 2.25%, Hyundai Motor by 4.39%, LG Energy Solution by 1.98%, KB Financial by 3.33%, Samsung Life by 2.76%, and Samsung Biologics by 2.29%.
The KOSDAQ index closed at 783.98, down 15.38 points (-1.92%) from the previous trading day. In the KOSDAQ market, individual and institutional investors bought a net 72.8 billion won and 158.8 billion won, while foreign investors sold a net 248.9 billion won.
Most of the top market capitalization stocks in the KOSDAQ showed weakness. Alteogen fell by 11.69%, EcoPro BM by 6.01%, EcoPro by 5.38%, Rainbow Robotics by 3.49%, Kolon TissueGene by 4.83%, and EO Technics by 0.70%. In contrast, JUSUNG Engineering rose by 5.53%, PSK by 10.24%, Wonik IPS by 1.84%, and Rino Technology by 1.11%.
* This article has been translated by AI.
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