Domestic Stock Market Shows Mixed Early Trading... Entertainment and Shipbuilding Stocks Adjust
On March 10, the domestic stock market showed mixed movements in early trading. The market atmosphere reflected sector rotation as investors digested last week's rebound in the U.S. stock market and negative news related to tariffs.
As of 9:20 a.m. on this day, the KOSPI was trading at 2,566.09, up 2.61 points (0.10%) from the previous trading day. The index opened at 2,555.40, down 8.08 points (0.32%). Foreign investors and institutions sold 198 billion won and 51.8 billion won worth of shares, respectively, while individual investors made net purchases amounting to 246.4 billion won.
Among the top market capitalization stocks, Korea Zinc (14.60%), S-Oil (5.24%), SK Innovation (4.14%), Korea Aerospace Industries (3.14%), and LG Energy Solution (2.51%) were on the rise. In contrast, POSCO Holdings (-3.63%), HYBE (-3.60%), Samsung Heavy Industries (-3.50%), Hanwha Aerospace (-3.28%), Hanwha Ocean (-3.23%), and HD Hyundai Heavy Industries (-3.01%) were declining.
By sector, nonferrous metals (10.20%), electrical equipment (2%), energy (1.96%), handsets (1.34%), and insurance (0.84%) were showing gains. Steel (-3.24%), media (-3.03%), shipbuilding (-2.76%), and other capital goods (-2.59%) were on the decline.
At the same time, the KOSDAQ was trading at 724.83, down 2.82 points (0.39%). The index opened at 724.78, down 2.92 points (0.40%). While foreign investors and institutions made net sales of 66 billion won and 5.1 billion won, respectively, individual investors purchased a net 71.5 billion won worth of shares.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
Among the top KOSDAQ stocks by market capitalization, JYP Ent. (-8.81%), HLB (5.71%), Genexine (-4.98%), HLB Life Science (-4.48%), SM Entertainment (-3.98%), Studio Dragon (-3.64%), and Silicon Two (-2.77%) were declining. On the other hand, Ecopro BM (3.86%), Hyzen RnM (3.41%), Jusung Engineering (2.83%), Nature Cell (2.46%), Lunit (2.33%), and Hugel (2.15%) were showing upward trends.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
