KOSPI slightly bearish at the 3170 level in early trading… Foreign investors and institutions are selling
Summary
- It was reported that the KOSPI is showing a slightly bearish trend in early trading due to net selling by foreign investors and institutions.
- While some stocks such as Hanwha Ocean and Samsung Heavy Industries showed gains, it was noted that SK Hynix and LG Energy Solution showed weak performance.
- In the KOSDAQ market as well, continued net selling by foreign investors and institutions is leading some pharmaceutical and biotech stocks to underperform.
The KOSPI index, which started with slight gains, is moving without a clear direction in early trading.
As of 9:05 a.m. on the 27th, it was trading at 3,174.95, down 4.41 points (0.14%). The index opened at 3,185.87, up 6.51 points (0.2%).
Foreign investors and institutions are net sellers of ₩72.2 billion and ₩14.1 billion, respectively. Individuals are net buyers of ₩81.8 billion.
In the KOSPI market, Hanwha Ocean (4.45%) and Samsung Heavy Industries (2.67%), among others, are on an upward trend. In contrast, SK Hynix and LG Energy Solution are showing weak performance, each around 1% down.
At the same time, the KOSDAQ index was trading at 800.95, down 0.71 points (0.09%). The index started at 902.57, up 0.91 points (0.11%).
Individuals are net buyers of ₩29.3 billion. Foreign investors and institutions are net sellers of ₩22.3 billion and ₩6.8 billion, respectively.
In the KOSDAQ market, PharmaResearch (-4.36%) and Alteogen (-1.47%), among others, are weak. Caregen (3.97%) and Samchundang Pharm (1.23%), among others, are showing strength.
The KRW/USD exchange rate opened at ₩1,395.5, down ₩0.3.
Min-Kyung Shin, Hankyung.com journalist radio@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
