KOSPI Plunges More Than 4% Intraday... Extends Losing Streak to Five Sessions

The KOSPI plunged in early trading, extending its losses to five consecutive trading days.

An electronic board in the dealing room at Hana Bank's headquarters in Jung-gu, Seoul, displays the KOSPI and international oil prices on the 13th. Yonhap News Agency

On Oct. 13, the KOSPI opened at 6,186.08, down 198.16 points (3.10%) from the previous session. As of 9:20 a.m., it was down 4.24% at 6,113.24. It briefly fell below the 6,100-point level.

Retail investors and institutions were net buyers of KRW 270.1 billion and KRW 416.2 billion, respectively. Foreign investors were net sellers of KRW 726 billion.

By sector, electrical and electronics (-5.18%), manufacturing (-4.74%), transportation equipment and parts (-3.96%), machinery and equipment (-3.59%), and financials (-3.45%) declined.

Among the top companies by market capitalization, Samsung Electronics (-5.29%), SK hynix (-6.36%), Samsung Electronics preferred shares (-4.50%), SK Square (-8.23%), and Samsung Electro-Mechanics (-6.25%) fell.

The KOSDAQ opened at 823.69, down 25.50 points (3.00%) from the previous session.

Retail investors were net sellers of KRW 145.9 billion. Foreign investors and institutions were net buyers of KRW 135.8 billion and KRW 9.5 billion, respectively.

By sector, general services (-3.08%), pharmaceuticals (-2.90%), retail (-2.00%), medical and precision instruments (-1.95%), and electrical and electronics (-1.95%) declined.

Among the KOSDAQ's top companies by market capitalization, Alteogen (-3.24%), EcoPro (-2.50%), EcoPro BM (-4.58%), and Rainbow Robotics (-4.48%) fell, while Jusung Engineering (+0.40%) rose.

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