U.S. President Donald Trump hinted at a "flexible tariff," causing the KOSPI and KOSDAQ indexes, which started on an upward trend on the 25th, to switch to a decline during morning trading.
The KOSPI index showed 2620.74 at 11:52 a.m. that day, a decrease of 11.33 points (0.43%) from the previous day. At the same time, the KOSDAQ index dropped by 5.79 points (0.8%) to 714.43.
In the KOSPI market, individuals are net buying 118.1 billion won. Foreign investors and institutions are net selling 83.9 billion won and 70.7 billion won, respectively. The same trend is seen in the KOSDAQ market, where individuals are net buying 111.5 billion won. Foreign investors and institutions are net selling 59.6 billion won and 47 billion won, respectively.
Various factors are cited as the cause of the index decline. Domestic political uncertainty remains high, and the resumption of short selling starting on the 31st could increase market volatility.
It has been reported that Jack Ma, chairman of Alibaba Group in China, noted that signs of a bubble have begun to appear in relation to the construction of artificial intelligence (AI) data centers, which has also contributed to a dampening of investor sentiment, particularly in the semiconductor sector.
Among the top 10 stocks by market capitalization in the KOSPI market, Samsung Electronics, SK hynix, Samsung Biologics, and KB Financial are underperforming. Hyundai Motor and Kia, which announced large-scale investments in the U.S., are maintaining an upward trend.
In the KOSDAQ market, stocks of leading companies AltoGen, ECOPRO BM, Ecopro, Rainbow Robotics, and Sam Chun Dang Pharm are trading at lower prices compared to the previous day. HLB, Kolon TissueGene, and HUGEL are performing well.