Foreigners and Institutions Net Sellers... KOSPI Fluctuates at 2630 [fn Morning Market]

[Financial News] Due to net selling by foreigners and institutions, the domestic index is showing a downward trend in the early session. On the morning of the 27th, at 9:31 AM, the KOSPI index is trading at 2635.03, down 9.37p (0.35%) from the previous trading day. The index opened at 2630.29, down 0.53%, and is reducing its decline.
In the securities market, only individuals are net buying 118.1 billion KRW. Foreigners and institutions are net selling 40.9 billion KRW and 80.4 billion KRW, respectively.
By industry, medical and precision instruments (5.84%), transportation equipment and parts (0.65%), and distribution (0.51%) are rising, while electricity and gas (-2.20%), machinery and equipment (-1.15%), and electrical and electronics (-0.93%) are declining.
Among the top market cap stocks, most stocks like Samsung Electronics (-0.73%), SK Hynix (-0.99%), Samsung Biologics (-0.48%), and LG Energy Solution (-1.62%) are declining. On the other hand, Hanwha Aerospace (2.52%) and Celltrion (2.03%) are on the rise.
Overnight, the US stock market was closed for Memorial Day, while the European stock market closed higher due to Trump's tariff deferment. The previous day, the domestic stock market showed a good trend during the day due to the news of the European Union (EU) tariff delay, and surged at the end of the session with large-scale inflows of spot purchases by financial investors and futures purchases by investment trusts.
Han Ji-young, a researcher at Kiwoom Securities, said, "Today, the domestic stock market is expected to see a correction in the early session due to profit-taking following the sharp rise at the end of the previous session," adding, "During the day, the market is expected to be influenced by macro variables such as the dollar-won exchange rate and the US 2-year Treasury auction scheduled for early tomorrow morning, showing a stock-specific trend."
At the same time, the KOSDAQ index is trading at 724.14, down 1.13p (0.16%) from the previous trading day. The index started at 727.00, up 0.24% from the previous session.
In the KOSDAQ market, only individuals are showing a buying advantage of 90.2 billion KRW, while foreigners and institutions are net selling 69.9 billion KRW and 18.3 billion KRW, respectively.

nodelay@fnnews.com Park Ji-yeon Reporter