KOSPI Holds at 3,850 Level as Individuals and Institutions Buy Amid Foreign Sell-Off... Maintains 3% Decline [fn Afternoon Market Brief]

[Financial News] On the 21st, the KOSPI is holding at the 3,850 level as individuals and institutions continue net buying, while foreigners remain net sellers.
As of 2 p.m., the KOSPI is trading at 3,852.15, down 152.70 points (3.81%) from the previous session. The index opened at 3,908.70, down 96.15 points (2.40%) from the previous close, and has maintained a decline in the 3% range.
In the domestic stock market, foreigners have sold 2.4265 trillion won worth of shares. In contrast, individuals and institutions have made net purchases of 2.1168 trillion won and 278.3 billion won, respectively.
Most of the top market cap stocks are declining. Samsung Electronics (-5.47%), SK hynix (-8.32%), LG Energy Solution (-3.17%), and Hyundai Motor (-1.15%) are all weaker. Meanwhile, Kia Corporation (0.71%) and Naver Corporation (1.36%) are showing gains.
By sector, all industries except food, beverage, and tobacco (0.19%) are declining. Electrical and electronics (-6.10%), medical and precision (-6.01%), manufacturing (-4.58%), machinery and equipment (-4.44%), and large-cap stocks (-4.02%) are all showing weakness.
At the same time, the KOSDAQ is trading at 863.07, down 28.87 points (3.24%) from the previous session. The index started the day at 867.45, down 24.49 points (2.75%) from the previous close.

[email protected] Im Sang-hyuk Reporter