The KOSPI and KOSDAQ are experiencing significant declines in early trading. The KOSPI has dropped over 4% as foreign selling intensifies, while the KOSDAQ shows a decline of more than 3%.
According to the Korea Exchange, as of 9:10 a.m., the KOSPI was trading at 7,403.38, down 327.44 points (4.24%) from the previous trading day. The index opened at 7,509.62, down 221.20 points (2.86%), and continued to fall.
Individuals are net buying stocks worth 230.9 billion won, and institutions are purchasing 68.3 billion won worth, while foreigners are net selling 306.1 billion won.
Most of the top market capitalization stocks are in the red. Samsung Electronics fell 4.46%, SK Hynix dropped 3.37%, SK Square decreased by 8.11%, Samsung Electro-Mechanics declined 5.76%, Hyundai Motor fell 6.15%, LG Energy Solution dropped 4.28%, Samsung Life Insurance decreased by 5.71%, HD Hyundai Heavy Industries fell 4.21%, Samsung C&T dropped 5.03%, and Kia fell 4.88%.
At the same time, the KOSDAQ was trading at 922.74, down 28.89 points (3.04%) from the previous trading day. The index opened at 937.17, down 14.46 points (1.52%), and also saw its losses widen.
Individuals are net buying stocks worth 26.5 billion won, while foreigners and institutions are net selling 25 billion won and 2.3 billion won, respectively.
Most of the top KOSDAQ stocks are also declining. Alteogen fell 3.97%, EcoPro BM dropped 5.17%, EcoPro decreased by 5.29%, Rainbow Robotics fell 6.52%, Juseong Engineering dropped 7.84%, Rino Technology decreased by 0.32%, HLB fell 2.99%, and Samchundang Pharmaceutical dropped 5.80%. In contrast, Kolon TissueGene rose by 0.70%, and Wonik IPS increased by 1.20%.
* This article has been translated by AI.
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