Foreign and Institutional Selling Drives KOSPI Down Over 3%...Falls Below 6,680 Intraday

Samsung Electronics and SK hynix Fall Together
KOSDAQ Opens with a 1% Decline

The domestic stock market is declining in early trading, weighed down by simultaneous selling by foreign investors and institutional investors.

As of 9:18 a.m. on September 14, the KOSPI index was trading at 6,689.97, down 219.94 points (3.18%) from the previous trading day. The index opened at 6,692.61, down 217.30 points (3.14%) from the previous session. Both foreign and institutional investors are showing a selling advantage, mainly in major sectors.

Notably, in the electrical and electronics sector, foreign investors have net sold KRW 114.6 billion, and institutional investors have net sold KRW 59.4 billion. In the manufacturing sector, foreign investors have net sold KRW 193.7 billion, while institutional investors have net sold KRW 108.2 billion, adding downward pressure to the index.

On the 14th, employees are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Yonhap News

Most sectors are witnessing declines, including electrical and electronics (-4.03%), insurance (-3.61%), manufacturing (-3.48%), distribution (-2.89%), construction (-2.54%), finance (-2.19%), precision medical devices (-2.02%), machinery and equipment (-1.96%), and electricity and gas (-1.95%).

Most of the KOSPI large-cap stocks are also weak. SK Square is experiencing the largest drop (-7.35%), with SK hynix (-5.41%), Samsung Electro-Mechanics (-5.07%), Samsung C&T (-4.90%), Samsung Life Insurance (-4.39%), and Hyundai Motor Company (-4.05%) also falling between 4% and 7%. Other stocks trading lower include Samsung Electronics Preferred (-3.57%), Samsung Electronics (-3.47%), Kia (-3.40%), SK Inc. (-2.91%), and LG Energy Solution (-2.22%). In contrast, Hanwha Aerospace (1.02%), KB Financial Group (0.45%), and Shinhan Financial Group (0.35%) are seeing gains.

At the same time, the KOSDAQ index was down 14.16 points (1.73%) from the previous trading day, standing at 806.48. The KOSDAQ index opened at 806.27, down 14.37 points (1.75%) from the previous session. Here as well, the selling trend is led by foreign and institutional investors.

Most of the large-cap KOSDAQ stocks are also declining. Padu(-7.74%) and PSK Holdings(-5.22%) are down more than 5%, while EcoPro BM(-4.08%), ABL Bio(-3.78%), Simmtech(-3.66%), Peptron(-3.63%), PSK(-3.50%), EcoPro(-3.44%), ISC(-3.42%), Alteogen(-3.36%), and HPSP(-3.00%) are also recording significant declines.

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