The KOSPI and KOSDAQ both fell in early trading. Following a nearly 7% surge in the KOSDAQ and a positive close for the KOSPI the previous day, profit-taking activities have led to a downturn in both indices.
According to the Korea Exchange, as of 9:10 a.m., the KOSPI was trading at 6,234.86, down 64.80 points (1.03%) from the previous trading day. The index opened at 6,240.06, down 59.60 points (0.95%).
Foreign investors were net buyers, purchasing 91.9 billion won, while individual and institutional investors sold a net 8.5 billion won and 83.3 billion won, respectively.
Most of the top market capitalization stocks were in the red. Samsung Electronics fell 0.43%, SK Hynix dropped 1.90%, Samsung Electronics preferred shares decreased by 0.93%, SK Square fell 3.16%, Samsung Electro-Mechanics dropped 4.47%, Hyundai Motor declined 1.23%, KB Financial fell 1.22%, and Hanwha Aerospace decreased by 3.56%. In contrast, LG Energy Solution rose 0.27%, Samsung Biologics increased by 0.25%, and HD Hyundai Heavy Industries gained 0.56%.
At the same time, the KOSDAQ was trading at 846.24, down 8.23 points (0.96%) from the previous trading day. The index opened at 848.59, down 5.88 points (0.69%).
On the KOSDAQ, individual investors were net buyers, purchasing 93.5 billion won, while foreign and institutional investors sold a net 60.9 billion won and 32.7 billion won, respectively.
Most of the top KOSDAQ stocks also showed weakness. Alteogen fell 3.88%, EcoPro dropped 1.71%, EcoPro BM decreased by 2.53%, Rainbow Robotics fell 1.02%, Juseong Engineering dropped 1.31%, HLB declined 1.47%, Rino Technology fell 1.70%, ABL Bio decreased by 2.46%, and Wonik IPS dropped 2.34%. However, IOTech increased by 0.84%.
* This article has been translated by AI.
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