Amid various factors, including the unfinished tariff negotiations between the United States and China and the government's tax reform plan being re-evaluated, the KOSPI and KOSDAQ indices showed a downward trend on the 11th.
As of 9:07 a.m. on this day, the KOSPI index recorded 3,200.95, down 9.06 points (0.28%) from the previous trading day. Foreign investors are net purchasing 36.3 billion won, while individuals and institutional investors are net selling 23.9 billion won and 22.4 billion won, respectively.
Among the top stocks by market capitalization in the securities market, Samsung Electronics, Hanwha Aerospace, and KB Financial are experiencing declines. Meanwhile, SK hynix, LG Energy Solution, Samsung Biologics, and Doosan Enerbility are on the rise.
At the same time, the KOSDAQ index recorded 807.31, down 1.96 points (0.24%) from the previous trading day. Foreign investors and institutional investors are net selling 38.4 billion won and 4.1 billion won, respectively, while individuals are net purchasing 43.6 billion won.
Among the top stocks by market capitalization in the KOSDAQ market, pharmaceutical and biotech-related stocks such as Alteogen, Peptron, HLB, LigaChem Biosciences, and HUGEL are falling. In contrast, Ecopro and ECOPRO BM are rising.
The domestic stock market is expected to move limitedly while observing domestic and international trends, as major indicators such as the U.S. consumer price index, producer price index, and U.S.-China retail sales will be announced this week.
On the 8th (local time), the New York stock market closed positively across all three major indices, buoyed by strong performances from large technology stocks. The Dow Jones Industrial Average rose by 0.47% compared to the previous trading day, the Standard & Poor's (S&P) 500 index increased by 0.78%, and the tech-heavy Nasdaq Composite Index rose by 0.98%. The Nasdaq Composite Index set a new all-time high.