The KOSPI index was falling on the morning of the 13th. It opened with a decline in the 3% range, but the drop narrowed as buying by individual investors continued.

Dealers work on the dealing room floor at the Hana Bank headquarters in Jung-gu, Seoul, on the 13th as the KOSPI opens down 3% on a surge in oil prices. The KOSPI starts trading at 5,412.39, down 170.86 points (3.06%) from the previous session (5,583.25), and the KOSDAQ index opens at 1,122.28, down 26.12 points (2.27%) from the previous session (1,148.40). The won–dollar exchange rate opens at 1,490.6 won, up 9.4 won from the previous session's after-hours close (1,481.2 won). /Courtesy of News1

As of 11:16 a.m., the KOSPI index was at 5,512.98, down 70.27 points (1.26%) from the previous trading day. The KOSPI opened at 5,412.39, down 170.86 points (3.06%) from the day before, but the decline slowed as individual investors kept buying during the morning session.

The main bourse is being led by individual investors. While individuals were net buyers of 1.3459 trillion won, foreigners and institutions were net sellers of 979.9 billion won and 378.8 billion won, respectively.

Nine of the top 10 stocks by market cap on the main bourse were falling. Samsung Electronics and SK hynix, as well as Hyundai Motor, LG Energy Solution, Hanwha Aerospace, Samsung Biologics, SK Square, and Kia, were declining. Doosan Enerbility was up in the 2% range.

At the same time, the KOSDAQ index was at 1,154.88, up 6.48 points (0.56%) from the previous day. After starting the session at 1,122.28, down 26.12 points (2.27%), the KOSDAQ turned higher during the morning session.

The KOSDAQ market was being led by institutional buying. While individuals and foreigners were net sellers of 18.3 billion won and 121.9 billion won, respectively, institutions alone were net buyers of 157.9 billion won.

Seven of the top 10 KOSDAQ stocks by market cap were falling. EcoPro, Alteogen, EcoPro BM, Sam Chun Dang Pharm, Rainbow Robotics, LEENO Industrial, and Kolon TissueGene were declining. ABL Bio, LigaChem Biosciences, and Peptron were rising.

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