On the 19th, the KOSPI index, which started rising, transitioned to a decline 10 minutes after the market opened, widening its fall. This is interpreted as a result of intensified profit-taking sentiment ahead of breaching the 3000 mark for the first time in over 3 years and 5 months.
As of 10:51 a.m. on that day, the KOSPI index recorded 2,961.03, down 11.16 points (0.38%) from the previous trading day. In the stock market, individuals bought 380.5 billion won, while foreigners and institutions sold 209.6 billion won and 170.9 billion won, respectively.
Overall, the top stocks by market capitalization in the stock market are on a downward trend; however, Naver is rising by nearly 5% amid expectations for the new government's artificial intelligence (AI) policies. Samsung Electronics and SK hynix are down 0.67% and 0.61%, respectively, while Samsung Biologics also fell by 0.65%. In addition, LG Energy Solution (-0.86%), Hanwha Aerospace (-0.54%), KB Financial (-1.31%), and Doosan Enerbility (-1.48%) are showing weakness.
The KOSDAQ index is recording 779.36, down 0.37 points (0.05%) from the previous day. In the KOSDAQ market, individuals are net purchasing 141.4 billion won, while foreigners and institutions are net selling 134.2 billion won and 2.3 billion won, respectively.
The top stocks by market capitalization in the KOSDAQ are showing mixed trends. Peptron and PharmaResearch are up 6.59% and 4.17%, respectively, while LigaChem Biosciences is also rising by 2.08%. On the other hand, HLB (-2.83%), HUGEL (-2.21%), and Alteogen (-1.01%) are indicating weakness, and Ecopro and ECOPRO BM are down 1.2% and 0.88%, respectively.