KOSPI Weakens Intraday on Foreign Selling Pressure
On the 28th, the KOSPI index surpassed 8400 for the first time ever and is currently taking a brief pause. Various indices are displayed on the status board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. 2025.05.28 Photo by Dongju Yoon
View original imageThe KOSPI is showing intraday weakness due to selling pressure from foreign investors.
As of 10:03 a.m. on May 28, the KOSPI was trading at 8,199.03, down 0.35% from the previous day.
By investor group, foreign investors are recording a net sell of 1.8339 trillion won, while institutions and individuals are net buyers of 420.2 billion won and 1.3743 trillion won, respectively. In the futures market, institutions and individuals are net buyers of 259 billion won and 1.5 billion won, respectively, while foreign investors are net sellers of 266.7 billion won.
By sector, more industries are declining. The telecommunications sector is down 2.9%, securities -2.68%, machinery and equipment -2.64%, real estate -2.66%, insurance -2.58%, financial -2.22%, metals -2.12%, construction -2.08%, medical precision -2.08%, electricity and gas -1.64%, paper and lumber -1.64%, pharmaceuticals -1.55%, and general services -1.57%. On the other hand, the transportation and warehousing, and electrical and electronics sectors are moving in slightly positive territory.
Among the top market capitalization stocks, performances are mixed. Samsung Electronics is down 1.3%, SK Square -2.59%, HD Hyundai Heavy Industries -3.63%, Samsung Life Insurance -1.55%, Doosan Enerbility -1.2%, Samsung C&T -1.22%, and Samsung Biologics -0.87%. On the other hand, SK hynix is up 1.16%, Hyundai Motor 1.91%, Samsung Electro-Mechanics 1.66%, and LG Energy Solution 11.21% are showing gains.
The KOSDAQ index is also continuing its downward trend. At the same time, the KOSDAQ was trading at 1,108.29, down 2.19% from the previous day. By investor group, institutions and foreign investors are net sellers of 57 billion won and 40 billion won, respectively, while individuals are net buyers of 92.2 billion won.
Among the top market capitalization stocks, more are declining. Alteogen is down 4.01%, Rainbow Robotics -3.01%, Jusung Engineering -7.42%, Kolon TissueGene -5.79%, Samchundang Pharm -2.99%, LinoTech -3.9%, Peptron -1.39%, and ABL Bio -3.38%. On the other hand, EcoPro BM is up 2.34%, EcoPro 0.77%, and HLB 0.2%, all moving in slightly positive territory.
Hot Picks Today
Will the '255 Trillion Sell-Off Bomb' Be Defused? The Fate of the KOSPI Hinges on the National Pension Service's Decision
- The Real "Money Printer" Was Elsewhere... A Large-Cap Stock Surged 538%, Outpacing Samsung and SK hynix
- "Still Hiding Money in Switzerland? Think Again"...The Wealthy Shift as Hong Kong Takes the Top Spot
- 'Early Voting D-1' Jung Wono and Oh Sehun Finally Face Off... First Seoul Mayoral TV Debate
- "Offering 200 Million Won, Refusing to Accept"... What’s Happening at Jamwon Reconstruction Complex [Real Estate AtoZ]
Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate is trading at 1,503.9 won, up 4.5 won from the previous day.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.