On the 19th, the KOSPI and KOSDAQ indexes, which opened down more than 2%, narrowed their losses on individual buying. The KOSPI recovered the 5,800 level.

On the morning of the 19th, as the KOSPI opens down in the 2% range, a board in the dealing room at Hana Bank in Jung-gu, Seoul shows the market figures. The KOSPI opens at 5,761.40, down 163.63 points (2.76%) from the previous session, and the KOSDAQ index opens at 1,139.12, down 25.26 points (2.17%). /Courtesy of News1

As of 11:33 a.m., the KOSPI was down 100.48 points, or 1.70%, from the previous day to 5,824.55. The KOSPI opened at 5,761.40, down 163.63 points, or 2.76%, from the previous day but pared losses in the morning.

The main board is being led by individuals. Individuals are net buying 1.5136 trillion won, while foreigners and institutions are selling 1.2927 trillion won and 274.5 billion won, respectively.

Most of the top market-cap stocks on the main board are falling. Samsung Electronics and SK hynix, which were down more than 4% early in the session, have trimmed losses to declines in the 2% range. Hyundai Motor, LG Energy Solution, SK Square, Samsung Biologics, Hanwha Aerospace and Kia are also down. Doosan Enerbility alone is slightly higher.

At the same time, the KOSDAQ was down 1.17% (13.58 points) from the previous day at 1,150.80. The KOSDAQ opened at 1,139.12, down 25.26 points (2.17%) from the previous day.

The KOSDAQ market is also being led by individuals. Individuals are net buying 328.6 billion won, while foreigners and institutions are net selling 173.2 billion won and 135.2 billion won, respectively.

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

The domestic stock market appears to have been affected by the rapidly shifting global environment overnight.

The Federal Reserve kept its benchmark rate unchanged at 3.50% to 3.75%. In addition, the producer price index (PPI) for February released by the U.S. Labor Department's Bureau of Labor Statistics rose 0.7% from the previous month, well above the consensus forecast of 0.3%.

International oil prices also surged after Israel bombed Iran's largest gas field and Iran retaliated by attacking energy facilities in neighboring countries.

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