KOSPI Turns to Losses of More Than 1% Intraday, Falls to 5,900 Level

Samsung Electronics also turned lower.

The KOSPI turned to losses of more than 1% after opening slightly higher on Oct. 29.

At around 10:11 a.m., the KOSPI was trading at 5,925.63, down 1.44% from the previous session.

A screen displays the domestic stock market in the dealing room at Hana Bank in Jung-gu, Seoul, on Oct. 29. The KOSPI opened at 6,017.22, up 4.78 points (0.08%) from the previous session, fluctuated around the break-even point, and then rose by around 1%. 2026.10.29 Photo by Kim Hyunmin

After opening at 6,017.22 and holding onto modest gains, the index fell below the 6,000 mark and extended its losses amid institutional selling. Individual investors were net buyers of KRW 489.1 billion, and foreign investors were net buyers of KRW 111.8 billion, while institutions were net sellers of KRW 560.5 billion.

Samsung Electronics also turned lower, falling 2.4%. Other top market-cap stocks were also down, including Samsung Electro-Mechanics, down 4.6%; LG Energy Solution, down 8.8%; Samsung Biologics, down 1.0%; Hyundai Motor, down 2.7%; Samsung Life Insurance, down 1.2%; and KB Financial Group, down 0.1%. SK hynix was up 2.6%, and SK Square was up 3.0%.

The KOSDAQ also extended its losses from early trading. At the same time, it was trading at 747.92, down 3.03% from the previous session. Individual investors were buying KRW 184.7 billion worth of shares, while foreign investors were net sellers of KRW 137.8 billion and institutions were net sellers of KRW 32.7 billion.

Earlier, the KOSDAQ opened at 767.78 on Oct. 29, down 0.45% from the previous session.

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