On the 15th, the KOSPI started lower.
According to the Korea Exchange and others, the KOSPI index opened at 3194.82 and, as of 9:03 a.m., was showing 3191.47, down 10.56 points (0.33%) from the previous trading day.
Institutions and foreigners are driving the index down by selling, with net sales of 119.5 billion won and 33.7 billion won, respectively. Individuals are buying a net 165.3 billion won.
The previous day, the KOSPI index surpassed 3200 for the first time in three years and ten months, leading institutions and foreigners to take profits.
Markets are predicting the possibility of a record high due to expectations surrounding the new government's policies, but they note that short-term volatility cannot be excluded depending on external economic indicators.
The fact that the U.S. Consumer Price Index (CPI) announcement for June is scheduled for this evening KST is cited as a concern. The CPI is considered a reference indicator when the Federal Reserve (Fed) decides on interest rates.
Stocks of top market capitalization companies on the KOSPI are mixed. At the start of trading, shares of Samsung Electronics are rising, while those of SK hynix are declining.
Additionally, stocks of Samsung Biologics, LG Energy Solution, and Celltrion are rising, while shares of KB Financial, Hyundai Motor, and Kia are falling.
At the same time, the KOSDAQ index recorded 799.78, up 0.41 points (0.05%) from the previous trading day. Foreigners and institutions are selling, but individuals are buying a net 78 billion won, leading the index to rise.
The top stocks by market capitalization on the KOSDAQ are all showing strong performance. All of the top 10 market cap stocks lit up in red. Shares of Peptron, HUGEL, and LEENO Industrial are rising by more than 1%.
Meanwhile, the New York Stock Exchange rose uniformly despite President Donald Trump's announcement last weekend of a 30% tariff on the European Union and Mexico, fueled by optimism for future negotiations.
The Standard & Poor's (S&P) 500 index and the Nasdaq rose by 0.14% and 0.27%, respectively, while the Dow Jones Industrial Average also increased by 0.20%.