On the 5th, as the KOSPI opens lower on weakness in U.S. tech stocks, a dealing room board at Hana Bank in Jung-gu, Seoul displays KOSPI market data. /Courtesy of News1

On the 5th, the KOSPI index is falling nearly 3% intraday on selling by foreign and institutional investors.

As of 11:10 a.m. that day, the KOSPI index was down 155.07 points (2.89%) from the previous day at 5,216.03 in transaction.

Foreign and institutional investors are net selling 3.1082 trillion won and 1.0341 trillion won, respectively, on the main board. Only individuals have net bought 3.9979 trillion won worth of shares.

Among large-cap stocks by market capitalization, all are weak except Kia (0.57%). Hanwha Aerospace is down more than 5%, and Samsung Electronics, SK hynix, SK Square, and Doosan Enerbility are in the 4% range of declines. Samsung Biologics (-1.93%), Hyundai Motor (-1.88%), and LG Energy Solution (-1.24%) are also falling.

At the same time, the KOSDAQ index fell 28.29 points (2.46%) from the previous day to 1,121.14 in transaction. On the KOSDAQ market as well, foreigners and institutions are selling 344.3 billion won and 252.4 billion won, respectively. Individuals are net buying 673.4 billion won.

Among top KOSDAQ stocks by market cap, only Kolon TissueGene (2.59%) is rising, while Sam Chun Dang Pharm (-6.68%), Rainbow Robotics (-5.42%), EcoPro BM (-4.49%), EcoPro (-3.92%), HLB (-2.91%), LEENO Industrial (-2.85%), LigaChem Biosciences (-2.21%), and ABL Bio (-1.35%) are declining.

In the Seoul foreign exchange market, the won-dollar exchange rate was 1,461.7 won per U.S. dollar as of the same time, up 2.2 won from the previous transaction day, in transaction.

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