KOSPI Down Over 1%, KOSDAQ Flat

KOSPI Weakens on Foreign and Institutional Selling
KOSDAQ Opens Higher but Slips into Slightly Negative Territory

On June 17, the KOSPI started off weak in the early session due to simultaneous selling by foreign investors and institutions.

As of 9:49 a.m. on the same day, the KOSPI index was trading at 8,634.26, down 92.34 points (1.06%) from the previous trading day. The KOSPI opened at 8,622.13, down 104.4 points (1.20%). Foreign investors have made a net sale of 768.1 billion won, while institutions have also net sold 331.6 billion won. In contrast, individual investors have bought a net 1.008 trillion won.

By sector, electric & gas (up 3.02%), medical precision devices (up 1.46%), real estate (up 1.18%), food, beverage & tobacco (up 0.70%), insurance (up 0.41%), and financials (up 0.40%) saw gains. In contrast, construction (down 4.81%), retail (down 3.66%), metals (down 2.34%), securities (down 1.95%), IT services (down 1.88%), and general services (down 1.85%) experienced declines.

Among large-cap stocks, Hanwha Ocean (up 5.73%), SK Square (up 5.20%), Hanwha Aerospace (up 2.62%), HD Hyundai Heavy Industries (up 2.29%), and SK Inc. (up 1.49%) showed gains. Conversely, Samsung C&T (down 5.23%), Hyundai Mobis (down 4.09%), Hyundai Motor (down 3.91%), Samsung Electronics (down 2.84%), Kia (down 2.47%), Samsung Electro-Mechanics (down 2.81%), KB Financial Group (down 1.80%), Samsung SDI (down 1.82%), Samsung Electronics Preferred (down 1.79%), and Shinhan Financial Group (down 1.69%) declined.

On the 17th, the KOSPI index opened at 8,622.13, down 104.47 points from the previous trading day. The current status of the domestic stock market was displayed on the electronic board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Jinhyung Kang

At the same time, the KOSDAQ index was at 1,017.64, down 1.04 points (0.10%) from the previous trading day. The KOSDAQ started the day at 1,019.88, up 1.20 points (0.12%), but slipped into slightly negative territory during the session. Foreign investors have made a net sale of 117.8 billion won, while institutions have net sold 15.7 billion won. Individual investors have made a net purchase of 129.6 billion won.

Among the top KOSDAQ stocks by market capitalization, Wonik IPS (up 5.06%), EO Technics (up 4.44%), Kolon TissueGene (up 2.85%), Padu (up 2.78%), ABL Bio (up 2.63%), PSK (up 1.36%), and Jusung Engineering (up 1.10%) posted gains. In contrast, Seojin System (down 4.17%), HPSP (down 3.77%), Robotis (down 2.07%), HLB (down 1.45%), and Ecopro (down 0.98%) were weak.

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