KOSPI Drops 2% and Falls Below 7,000... Samsung Electronics and SK hynix Weaken
The KOSPI started slightly lower on September 28 and fell below the 7,000 mark in early trading.
The KOSPI opened at 7,075.86, down 23.06 points (0.33%) from the previous session. As of 10:20 a.m., it was trading at 6,937.78, down 2.02%.
Individual investors made a net purchase of 521.6 billion won. Foreign investors and institutions recorded net sales of 835.9 billion won and 80.0 billion won, respectively.
By sector, construction (3.61%), chemicals (2.94%), and entertainment·culture (2.87%) saw gains, while electrical·electronics (-3.55%) and manufacturing (-2.59%) declined.
Among the large-cap stocks, shares of Samsung Electronics fell by 3.59%, SK hynix dropped 4.35%, Samsung Electronics (preferred shares) fell 4.77%, and SK Square declined 6.64%. On the other hand, Samsung Electro-Mechanics rose by 0.73%.
The KOSDAQ started trading at 845.48, up 1.00 point (0.12%) from the previous session. As of 10:20 a.m., it was up 1.15% at 854.22.
Individual investors made a net sale of 78.2 billion won. Foreign investors and institutions recorded net purchases of 68.2 billion won and 13.5 billion won, respectively.
By sector, pharmaceuticals (3.64%), general services (2.05%), medical·precision equipment (1.74%), finance (1.14%), and chemicals (1.13%) recorded gains.
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Among the large-cap stocks, shares of Alteogen rose by 2.80%, EcoPro increased 1.75%, EcoPro BM advanced 2.95%, and Jusung Engineering climbed 1.43%. On the other hand, Rainbow Robotics fell by 1.04%.
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