The KOSPI index, which initially plummeted over 8% due to a sharp decline in U.S. semiconductor stocks, managed to recover and surpass the 5100 mark. Despite extreme volatility that triggered a circuit breaker, buying activity from individuals and institutions helped reduce the drop to around 4%.
As of 11:28 a.m. on November 6, the KOSPI was down 239.49 points (4.45%) at 5144.31. The index opened at 5263.26 but quickly fell to 4919.16 amid heavy selling. The circuit breaker was activated after the index dropped more than 8%, temporarily halting trading. Following the resumption of trading, the index rebounded to recover the 5000 level and climbed to 5100, reflecting a rebound of approximately 225 points from its early low.
In the securities market, foreign investors led the decline with a net sell of 972.1 billion won. In contrast, institutions and individuals bought a net 565.3 billion won and 231.4 billion won, respectively, contributing to the reduction in the index's drop.
Major stocks also showed a reduction in their declines compared to earlier in the session. Samsung Electronics fell by 3.67%, while SK Hynix dropped 6.17%, SK Square 7.54%, and Samsung Electronics Preferred shares 3.99%. Other notable declines included Samsung Electro-Mechanics at 8.58%, Hyundai Motor at 5.11%, and KB Financial at 5.29%. Conversely, Samsung Biologics saw an increase of 1.71%.
The KOSDAQ index also reduced its losses. At the same time, the KOSDAQ was down 25.02 points (3.69%) at 653.39. It had initially dropped to the 630 level but managed to recover above 650.
In the KOSDAQ market, foreign and individual investors sold a net 129.4 billion won and 20.5 billion won, respectively, while institutions purchased a net 146.2 billion won. Among the top market capitalization stocks, EcoPro BM fell 7.02%, Alteogen 4.49%, EcoPro 4.08%, Rino Industrial 5.27%, and Juseong Engineering 4.70%. HLB remained stable.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.