The stock market board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul displays market conditions on the 10th as the KOSPI opens higher. /Courtesy of News1

On the 10th, the KOSPI was moving sideways around the 5,310 level intraday, showing a slightly higher bias. The KOSDAQ turned lower on selling by foreign investors.

As of 11:54 a.m., the KOSPI was up 13.26 points (0.25%) from the previous day at 5,311.30.

In the main board, institutions and foreigners were net buyers of 376.3 billion won and 225.0 billion won, while only individuals were selling, offloading 692.9 billion won worth of shares.

Top market-cap stocks were mixed. KB Financial was up in the 3% range, and Kia (1.17%), Hyundai Motor (1.15%), Samsung Biologics (0.30%), and Samsung Electronics (0.06%) were rising. In contrast, SK Square (-1.78%), LG Energy Solution (-1.71%), Doosan Enerbility (-1.68%), and SK hynix (-0.11%) were lower.

At the same time, the KOSDAQ was down 10.58 points (0.94%) from the previous day at 1,116.97. After rising to as high as 1,141.67 early in the session, the KOSDAQ reversed lower as foreigners' "sell" stance intensified.

In the KOSDAQ market, foreigners were net sellers of 297.0 billion won, dragging the index down. Individuals and institutions were net buyers of 260.7 billion won and 58.0 billion won, respectively.

Among top KOSDAQ market-cap stocks, all were weak except HLB (0.95%) and LigaChem Biosciences (0.62%). Sam Chun Dang Pharm was plunging more than 8%. Kolon TissueGene (-3.06%), Rainbow Robotics (-2.77%), EcoPro (-1.88%), EcoPro BM (-1.69%), LEENO Industrial (-1.31%), Alteogen (-1.17%), and ABL Bio (-1.06%) were also falling.

In the Seoul foreign exchange market, the won-dollar rate was 1,456.5 won per $1 at the same time, down 1.2 won from the previous session.

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