The KOSPI index is declining amid selling pressure from institutional and foreign investors.
As of 11:35 a.m., the KOSPI index is trading at 3162.09, down 23.92 points (0.75%) from the previous day. In the securities market, institutions and foreigners are net sellers of 1.039 billion won and 1.017 billion won, respectively, while individuals are buying 1.623 billion won worth.
Large-cap stocks are underperforming. SK hynix is down more than 4%, with Samsung Electronics (-2.30%), HD Hyundai Heavy Industries (-1.35%), KB Financial (-0.74%), LG Energy Solution (-0.14%), and Samsung Biologics (-0.10%) also declining. In contrast, Hanwha Aerospace (4.75%), Kia (1.51%), and Hyundai Motor (0.91%) are rising.
At the same time, the KOSDAQ index is trading at 791.47, down 5.44 points (0.68%) from the previous day. In the KOSDAQ market, foreigners sold 630 million won worth, while institutions and individuals net bought 458 million won and 265 million won, respectively.
Among the top stocks in KOSDAQ, Peptron (-3.39%), PharmaResearch (-2.06%), LigaChem Biosciences (-1.09%), Sam Chun Dang Pharm (-1.20%), and Ecopro (-0.59%) are underperforming. Alteogen (5.82%), ABL Bio (3.49%), and HLB (3.18%) are rising.
In the Seoul foreign exchange market, the won (KRW) against the U.S. dollar is trading at 1392.8 won, up 3 won from the previous trading day at the same time.