The KOSPI started strong on August 7, rising over 1% in early trading, but reversed course as foreign selling intensified. The KOSDAQ also showed weakness, dropping more than 2% due to simultaneous selling by foreign and institutional investors.
According to the Korea Exchange, as of 1:31 PM, the KOSPI was down 54.45 points (0.86%) at 6241.93. The index opened at 6365.07, up 68.69 points (1.09%) from the previous close, but turned downward during the session, widening its losses.
In the securities market, individuals and institutions recorded net purchases of 44.6 billion won and 511.5 billion won, respectively, while foreign investors sold a net 541.9 billion won.
Among the top market capitalization stocks in the KOSPI, mixed performance was observed. Samsung Electronics (1.19%), Samsung Electro-Mechanics (4.31%), LG Energy Solution (2.32%), Samsung Biologics (1.19%), KB Financial (1.57%), and Hanwha Aerospace (2.85%) saw gains. Conversely, SK Hynix (-4.68%), SK Square (-3.25%), and Hyundai Motor (-1.69%) experienced declines.
At the same time, the KOSDAQ index was down 16.01 points (2.00%) at 785.66. It opened at 807.62, up 5.95 points (0.74%) from the previous session, before turning downward.
In the KOSDAQ market, foreign and institutional investors sold a net 226.7 billion won and 153.2 billion won, respectively, while individuals purchased a net 370.5 billion won.
Top stocks in the KOSDAQ showed mixed results as well. Alteogen (0.17%), EcoPro BM (0.39%), HLB (2.56%), ABL Bio (0.84%), and Peptron (1.01%) gained, while EcoPro (-0.60%), Rainbow Robotics (-7.56%), JUSUNG Engineering (-4.95%), Rino Technology (-2.09%), and Wonik IPS (-5.08%) fell.
* This article has been translated by AI.
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