Korea Composite Stock Price Index (KOSPI) Declines in Early Trading... Accelerated Net Selling by Foreign Investors [fn Morning Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) began trading lower in early sessions.
As of 9:45 a.m. on the 28th, the KOSPI was trading at 4,000.07, down 42.76 points (1.06%) from the previous trading day.
On this day, the KOSPI opened at 4,010.47, a decrease of 32.36 points (0.80%) from the previous day. During the session, the index at one point dropped to 3,984.48, down 58.35 points (1.44%).
In the KOSPI Market, foreign investors have sold 881.6 billion won, and institutions have sold 318.8 billion won. In contrast, individual investors have purchased 1.2737 trillion won worth of shares.
Most of the top market cap stocks are trending downward. Samsung Electronics fell by 1.96%, SK hynix dropped by 2.99%, while Hyundai Motor and Kia declined by 1.57% and 1.39%, respectively.
By sector, electrical/electronics (-1.92%), transportation equipment/parts (-1.73%), and manufacturing (-1.37%) recorded the largest declines. On the other hand, electric/gas (3.40%) and pharmaceuticals (1.36%) showed gains.
The KOSDAQ Index is currently trading at 904.03, up 1.33 points (0.15%) from the previous day.

dschoi@fnnews.com Choi Doo-sun Reporter