KOSPI Starts Lower in Early Trading... KOSDAQ Moves Sideways

The KOSPI started the session with a decline, falling to the 8,600-point range in early trading, while the KOSDAQ opened higher but soon moved sideways.

As of 9:34 a.m. on June 4, the KOSPI index stood at 8,714.73, down 86.76 points (0.99%) from the previous trading day. After opening at 8,623.82 with a decline, the index fluctuated and briefly turned upward, but subsequently fell back to the 8,600-point level. Foreign investors recorded a net sell of 2.6271 trillion won, while individual investors and institutions had net buys of 2.4861 trillion won and 63.4 billion won, respectively.

By sector, all sectors were in decline except for retail (up 2.67%), medical and precision instruments (up 2.19%), securities (up 1.03%), and chemicals (up 0.5%). Telecommunications fell 5.51% compared to the previous session, while insurance (down 4.51%) and pharmaceuticals (down 1.45%) also declined.

As the three major indices on the New York Stock Exchange closed lower, the KOSPI also started down on June 4th. At the dealing room of Hana Bank’s headquarters in Jung-gu, Seoul, an employee is monitoring the stock market and exchange rates. On that day, the KOSPI opened at 8,623.82, down 177.67 points (2.02%) from the previous trading day, the KOSDAQ rose 6.88 points (0.67%) to 1,032.91, and the won/dollar exchange rate started at 1,530.0 won, up 13.6 won. Photo by Jo Yongjun.

Among the top stocks by market capitalization, performance was mixed. LG Electronics dropped 12.4%, Samsung Life Insurance fell 10.3%, NAVER was down 6%, LG Energy Solution declined 3.8%, and Hanwha Aerospace dipped 3.1%. On the other hand, Samsung C&T rose 1.7%, Shinhan Financial Group increased by 1.7%, and SK Square gained 0.8%. Samsung Electronics climbed 0.6%, while SK hynix fell 1.9%.

The KOSDAQ index opened at 1,032.91, up 6.88 points (0.67%) from the previous session. Foreign investors and individuals recorded net sells of 3.9 billion won and 83.6 billion won, respectively, while institutions had a net buy of 88.6 billion won.

Among the KOSDAQ's top market cap stocks, Wonik IPS surged 30%, Jusung Engineering rose 21.6%, Simmtech gained 14.3%, and EO Technics climbed 11.8%. In contrast, Robotis fell 15.4% and Rainbow Robotics declined 4.5%.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate opened at 1,530.0 won, up 13.6 won from the previous day.

This content was produced with the assistance of AI translation services.