Both Markets Turn Downward... KOSPI Falls Over 1%
Foreign Investors Continue Heavy Selling
Already Exceed 1.7 Trillion Won in Net Sales
On the 30th, buoyed by the rise in US tech stocks, the KOSPI started slightly higher, as an employee monitors the KOSDAQ and other indices in the dealing room of Hana Bank headquarters in Jung-gu, Seoul. On this day, the KOSPI opened at 8416.70, up 22.05 points (0.26%) from the previous trading day, but continued a decline of over 2% during the session. June 30, 2026. Photo by Cho Yongjun
View original imageBoth the KOSPI and KOSDAQ indices, which opened slightly higher, have shifted to a downward trend. Continued selling by foreign investors is weighing down the indices.
As of 10:11 a.m. on June 30, the KOSPI was down 1.24% from the previous day, standing at 8,290.19. After opening slightly higher at 8,425.35, the index turned downward from the early part of the session and has continued to widen its losses.
The index is falling due to ongoing selling by foreign investors. They have already recorded net sales of 1.7672 trillion won. On the previous day, foreign investors also recorded net sales of more than 7.7 trillion won, the largest amount since statistics have been compiled. In contrast, individual and institutional investors made net purchases of 1.1134 trillion won and 640.8 billion won, respectively.
Most sectors are declining. Several sectors fell by more than 2%, including metals (-3.47%), retail (-3.08%), pharmaceuticals (-2.92%), non-metals (-2.72%), insurance (-2.62%), and chemicals (-2.04%). Only medical and precision instruments (up 8.47%) and paper and lumber (up 0.60%) posted gains.
The KOSDAQ, which had been rising, also reversed course and turned downward. As of 10:12 a.m., it stood at 916.29, down 0.46% from the previous day. After opening slightly higher at 925.21, the KOSDAQ expanded its gains to as much as 1.60%, but soon shifted into negative territory.
Foreign investors have also continued to sell in the KOSDAQ market. In the morning alone, they recorded net sales of 357.5 billion won, while individual and institutional investors made net purchases of 341.9 billion won and 19.9 billion won, respectively.
Hot Picks Today
"Price Soars Past 40 Million KRW"...This Company Hits 152 Billion KRW Jackpot Amid New Drug Development Surge
- "Printing Ghost Stories on Receipts..." Mega MGC Coffee Sells 1 Million Summer Menu Items in Just Two Weeks
- "The 'Study Geniuses' in Their 30s and 40s Reshape the Industry... China's 'Four Kings' Lead a Multi-Billion Dollar AI Boom"
- "It’s Too Hot to Work": UK Loses 16 Million Working Hours in a Week, Economic Losses Reach 2.26 Trillion Won
- "Really? Koreans Are Like This?"... iPad Left at the Beach Even Wrapped in Plastic by a Stranger
Nearly all sectors are declining here as well. The financial sector posted the largest drop, falling 4.98%. This was followed by general services (-2.56%), publishing and media replication (-2.15%), pharmaceuticals (-1.92%), and paper and lumber (-1.81%). Meanwhile, machinery and equipment (up 2.72%) and other manufacturing (up 0.96%) moved higher.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.