The rise and fall of exchange rates and bond interest rates stimulated a risk-averse sentiment, causing the KOSPI and KOSDAQ indexes to widen their losses during the morning session on the 22nd.
The KOSPI index stood at 2592.43 at 10:48 a.m. on this day. The stock price fell by 33.15 points (1.26%) compared to the previous day, breaking the 2600 mark. In the KOSPI market, foreign investors and institutions were net sellers of 262.3 billion won and 224.5 billion won, respectively. Only individuals showed a net buying advantage of 535.5 billion won.
At that time, the KOSDAQ index recorded a drop of 8.82 points (1.22%), reaching 714.9. In the KOSDAQ market, foreign investors and institutions initiated selling of 77.7 billion won and 24.4 billion won, respectively. Only individuals were net buyers of 105.3 billion won.
Including Alteogen, the leading stock in the KOSDAQ market, stocks like ECOPRO BM, Ecopro, and Rainbow Robotics traded at lower prices than the previous day. Peptron, PharmaResearch, and LigaChem Biosciences were on the rise.
News that the United States is demanding the appreciation of Asian currencies, including the won, Japanese yen, and Chinese yuan, has affected the exchange rate. Overnight, bond interest rates surged due to weak bidding for 20-year Government Bonds. These are all factors that could burden the stock market.
A stock market is continuing. Samsung C&T is rising on the news of a spin-off of Samsung Biologics, in which it is the largest shareholder. Korean Air's stock price rose as it reflected the benefits of a declining exchange rate.
Additionally, related stocks are showing strength as the resurgence of COVID-19 in the Asia region has led to a rise in diagnostic kit stocks and Bitcoin has hit an all-time high.
이 밖에 아시아 지역 코로나19 재확산으로 진단키트 종목과 비트코인이 사상 최고가를 경신하면서 관련 종목도 강세를 보이고 있다.