KOSPI Falls Below 2800 Again... "Semiconductor Stocks ↓"
The KOSPI is trading below the 2800 level. The weakness in the semiconductor sector, centered around Nvidia in the U.S. stock market, is interpreted as having an impact on the domestic market as well.
As of 9:28 a.m. on the 21st, the KOSPI recorded 2,783.26, down 24.37 points (0.87%) from the previous trading day.
On this day, the semiconductor sector is leading the decline in the KOSPI. On the 20th (local time) in the U.S. stock market, Nvidia fell 3.54%. Seokhwan Kim, a researcher at Mirae Asset Securities, analyzed, "The weakness in the semiconductor sector centered on Nvidia put pressure on the stock index, and the Philadelphia Semiconductor Index fell by as much as 2.7% compared to the previous day," adding, "There was broad selling pressure across the semiconductor sector, including not only Nvidia but also Broadcom, Qualcomm, Micron, and Applied Materials."
By investor type, foreigners and institutions sold net amounts of 5.3 billion KRW and 103.6 billion KRW, respectively. On the other hand, individuals bought net 115.6 billion KRW.
By sector, electrical and electronics, electric and gas, food and beverages, manufacturing, and chemicals are down more than 1%. Meanwhile, distribution and telecommunications are showing slight gains.
Among the top market capitalization stocks, Samsung Electronics traded at 81,000 KRW, down 1,500 KRW (1.84%) from the previous trading day. SK Hynix is down 2.53%, and Hyundai Motor, Kia, and KB Financial are down more than 1%. On the other hand, Celltrion, Samsung SDI, and Shinhan Financial Group are showing slight gains.
The KOSDAQ recorded 849.14, down 8.37 points (0.98%) from the previous trading day.
By investor type, foreigners and institutions are net sellers of 41.8 billion KRW and 36.9 billion KRW, respectively. Meanwhile, individuals are net buyers of 83.7 billion KRW.
By sector, semiconductors are down 2.53%, and internet, machinery equipment, IT components, and chemicals are down more than 1%. Meanwhile, metals are up 1.34%.
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Among the top market capitalization stocks, EcoPro BM traded at 187,400 KRW, down 700 KRW (0.37%) from the previous trading day. Rino Industrial is down 4.48%, and Enchem, Samchundang Pharmaceutical, Rainbow Robotics, and Silicon2 are down more than 1%. On the other hand, Hugel is up 4.28%, and Pearl Abyss and Alteogen are up 2.68% and 1.73%, respectively.
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