KOSPI Falls as Foreigners Net Sell KRW 1.6 Trillion; Closes at 5,730megine

Yonhap News Agency

The KOSPI closed lower, pressured by heavy selling by foreign investors.

On Friday, the KOSPI closed at 5,730.74, down 206.92 points, or 3.48%, from the previous session. Trading volume was provisionally tallied at 213.75 million shares, with trading value at KRW 19.2687 trillion.

By investor type, institutions and retail investors were net buyers of KRW 743.6 billion and KRW 619.5 billion, respectively, while foreign investors were net sellers of KRW 1.6169 trillion, weighing on the index. In the futures market, institutions and retail investors were net sellers of KRW 1.1192 trillion and KRW 8.2 billion, respectively, while foreign investors were net buyers of KRW 1.147 trillion. Program trading recorded net purchases of KRW 266.2 billion in arbitrage trading and KRW 194.5 billion in non-arbitrage trading.

Most sectors declined. Medical precision fell 7.13%, while construction dropped 6.22%, transportation equipment 4.88%, electrical and electronics 4.67%, manufacturing 4.01%, machinery and equipment 4.01%, securities 3.5%, IT services 2.4%, real estate 2.03%, distribution 1.97%, financials 1.95%, and non-metallic minerals 1.65%. In contrast, pharmaceuticals rose 4.9%, while transportation and warehousing gained 1.33%, food, beverages and tobacco 1.08%, textiles and apparel 1.04%, and electricity and gas 0.74%.

Most of the top companies by market capitalization also fell. Samsung Electronics and SK hynix dropped 3.66% and 6.88%, respectively, while SK Square declined 6.3%, Samsung Electro-Mechanics 7.97%, Hyundai Motor 4.44%, KB Financial Group 0.96%, Samsung Life Insurance 2.7%, and Samsung C&T 4.17%. In contrast, LG Energy Solution rose 0.56%, and Samsung Biologics closed up 5.78%.

There were 107 advancing stocks, 248 declining stocks, and four unchanged stocks.

The KOSDAQ also plunged. It closed at 724.38, down 28.85 points, or 3.83%, from the previous session. By investor type, institutions and foreign investors were net sellers of KRW 137.8 billion and KRW 27.4 billion, respectively, while retail investors were net buyers of KRW 168.9 billion.

Most of the top companies by market capitalization declined. Alteogen fell 4.09%, while EcoPro dropped 1.91%, EcoPro BM 1.52%, Jusung Engineering 6.5%, Rainbow Robotics 4.1%, EO Technics 6.27%, SIMMTECH 7.54%, Wonik IPS 7.92%, Leeno Industrial 8.91%, and Samchundang Pharm 3.29%. In contrast, HLB closed up 0.5%.

Meanwhile, in the Seoul foreign exchange market, the won was trading at 1,334.2 per dollar, down 5.3 won from the previous session.

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