KOSPI and KOSDAQ Slightly Lower Due to Individual Selling and High Exchange Rates... Closing at 2420 Level
KOSPI and KOSDAQ closed slightly lower due to individual selling pressure. Investor sentiment weakened as the won-dollar exchange rate surpassed 1460, pushing the market down to the 2420 level.
On the 26th, KOSPI closed at 2429.67, down 0.44% from the previous trading day.
By investor type, institutions and foreigners were net buyers of 123.7 billion KRW and 17.1 billion KRW, respectively. Conversely, individuals were net sellers of 249.8 billion KRW.
By sector, transportation equipment rose 2.12%. Metals also increased by 1.79%. Meanwhile, medical & precision, construction, and machinery & equipment fell more than 1%. Additionally, electricity & gas, finance, pharmaceuticals, and manufacturing closed slightly lower.
Among the top market capitalization stocks, Samsung Electronics closed at 53,600 KRW, down 800 KRW (1.47%) from the previous day. LG Energy Solution, Celltrion, KB Financial, NAVER, and Shinhan Financial Group also fell more than 1%. On the other hand, HD Hyundai Heavy Industries surged 9.56%, and Korea Zinc rose 7.50%.
On this day in KOSPI, 302 stocks rose without any hitting the upper limit, while 592 stocks fell without any hitting the lower limit. Forty-eight stocks remained unchanged.
KOSDAQ closed at 675.64, down 0.66% from the previous trading day.
By investor type, institutions were net buyers of 160 billion KRW. Conversely, individuals and foreigners were net sellers of 135.2 billion KRW and 19.3 billion KRW, respectively.
By sector, transportation equipment, entertainment & culture, and general services recorded slight gains. Meanwhile, finance and chemicals fell more than 2%. Medical & precision, transportation & warehousing, non-metallic minerals, and machinery & equipment declined more than 1%.
Among the top market capitalization stocks, Alteogen closed at 301,500 KRW, up 5,500 KRW (1.86%) from the previous day. Samchundang Pharmaceutical surged 9.08%, and Rigacombio rose 5.03%. Shinsung Delta Tech jumped 19.31%. Conversely, EcoPro BM and EcoPro fell more than 4%, and Enchem declined 6.17%.
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In KOSDAQ, Action Square, GenCurix, and one other stock hit the upper limit, with 496 stocks rising. Meanwhile, 1,150 stocks fell without any hitting the lower limit, and 60 stocks closed unchanged.
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