The KOSPI opened lower on the 6th on foreign selling. After hitting a record high the previous day, profit-taking appears to be emerging. The index's pullback is widening in the morning.

The KOSDAQ index opened slightly higher, but its gains are narrowing during the session on selling by foreigners and institutions.

On the morning of the 6th, the market opening figures appear on the electronic board in the dealing room at Hana Bank in Jung-gu, Seoul. /Courtesy of News1

As of 9:30 a.m. that day, the KOSPI index was trading at 4,412.88 points, down 44.64 points (1.00%) from the previous session. The index opened at 4,446.08 points, and the decline has somewhat deepened.

Foreign investors, who net bought nearly 2 trillion won the previous day and pushed the index up to a record high of 4,457.52 points, turned to "sell" that day. Right after the open, foreigners' net selling reached 500 billion won. While individuals are net buying, institutions are also net sellers; however, the National Pension Service, with a long-term investment profile, is net buying 20.1 billion won.

Samsung Electronics and SK hynix, which surged the previous day to set all-time highs, are retreating as they pull back. Samsung Electronics had extended a five-session rally, jumping from 110,000 won to just below 140,000 won, but is trading in the 135,000-won range that day. SK hynix also extended an eight-session rally and neared 700,000 won before turning lower today.

At the same time, the KOSDAQ index was trading at 957.01 points, up 0.49 point (0.05%) from the previous session. The index opened at 959.38 points and has been fluctuating during the session.

In the KOSDAQ market, individuals alone turned to buying. Individuals are net buying 82.5 billion won, while foreigners and institutions are net selling 79.9 billion won and 2.6 billion won, respectively.

Among top KOSDAQ market-cap stocks, the "red light" is on. Alteogen (0.11%), EcoPro BM (1.92%), EcoPro (4.34%), Rainbow Robotics (0.42%) and HLB (1.67%) rose, while AL Bio (2.36%) and Peptron (0.97%) fell.

In the Seoul foreign exchange market that day, the won-dollar rate opened at 1,445 won, up 1.2 won from the previous session's weekly transaction closing price.

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