The KOSPI index is fluctuating around the 3200 level, diminishing its upward momentum due to individual selling pressure. The KOSDAQ is experiencing a slight decline due to selling pressure from foreign investors and institutions.

The electronic board in the dealing room of Hana Bank's main branch in Jung-gu, Seoul./Courtesy of News1

As of 11:16 a.m. on the 21st, the KOSPI index has recorded an increase of 11.78 points (0.37%) to 3199.85 compared to the previous trading day. It opened at 3191.11, which is 0.1% higher than the previous trading day, and rose to the 3210s early in the session, but it is now below the 3200 level due to strong individual selling pressure.

In the securities market, individuals are net selling with a scale of 620 billion won. Foreign investors and institutions have a buying advantage at 420 billion won and 160 billion won, respectively.

Stocks among the top market capitalization in the securities market are mixed. The market cap leaders, Samsung Electronics, SK hynix, and LG Energy Solution, along with Hanwha Aerospace and KB Financial, are experiencing upward trends. In contrast, Samsung Biologics, Hyundai Motor, and Kia stocks are traded at lower prices than the previous trading day.

At the same time, the KOSDAQ index has shown a decrease of 0.91 points to 819.76 compared to the previous trading day.

In the KOSDAQ market, individuals have net bought 37 billion won, supporting the index. Foreign investors and institutions are showing a selling advantage of 23 billion won and 13 billion won, respectively.

Stocks among the top market capitalization in the KOSDAQ market are also mixed. LigaChem Biosciences stocks have fallen by more than 4%, while Alteogen, HLB, and HUGEL stocks are also weak. In contrast, Ecopro, ECOPRO BM, and Peptron stocks are rising.

Meanwhile, in the Seoul foreign exchange market, the dollar-won exchange rate has recorded a decrease of 1.5 won to 1390.60 compared to the previous trading day.

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