KOSPI Falls to 3,930 Level on Foreign Investor Net Selling
The KOSPI fell by more than 1% due to net selling by foreign investors, dropping to the 3,930 level. In contrast, the KOSDAQ rose nearly 3%, recovering the 900 mark.
As of 10:09 a.m. on November 28, the KOSPI stood at 3,938.39, down 48.52 points (1.22%) from the previous trading day.
By investor type (KRX, NXT combined), foreign investors recorded a net sale of 712.1 billion won. In contrast, individual investors and institutions recorded net purchases of 673.6 billion won and 62.3 billion won, respectively.
By sector, electrical and electronics fell by 2.29%. Distribution also declined by 1.19%. On the other hand, medical & precision and construction sectors are rising by more than 1%.
Among large-cap stocks, Samsung Electronics was trading at 101,100 won, down 2,400 won (2.32%) from the previous trading day. LG Energy Solution is down 5.71%, while HD Hyundai Heavy Industries, NAVER, and Samsung C&T are each declining by more than 2%. In addition, SK Hynix, Samsung Biologics, Hanwha Aerospace, and SK Square are all down by more than 1%.
The KOSDAQ rose 24.79 points (2.82%) from the previous trading day to 904.85.
By investor type, foreign investors and institutions posted net purchases of 270.3 billion won and 222.4 billion won, respectively. In contrast, individual investors recorded a net sale of 457 billion won.
By sector, pharmaceuticals are up 6.03%, while chemicals, medical & precision, machinery & equipment, and entertainment & culture are all rising by more than 2%. In contrast, non-metallic minerals are posting a slight decline.
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Among major stocks by market capitalization, Alteogen rose 16,000 won (3.07%) from the previous trading day to 537,000 won. Kolon TissueGene and Peptron surged by 21.19% and 18.51%, respectively. Caregen also climbed 10.86%, with most stocks posting gains.
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