KOSPI Sees Tug-of-War Between Individual and Foreign Investors Around 4,100 Mark... Closes at 4,099.41 [The Financial News Morning Market Brief]

[The Financial News] The Korea Composite Stock Price Index (KOSPI) is hovering around the 4,100 mark, showing little movement. Individual investors are absorbing the selling pressure from foreign and institutional investors.
According to the Korea Exchange (KRX), as of 11:05 a.m. on the 8th, the KOSPI was trading at 4,099.41, down 0.64 points (-0.02%) from the previous day. The index opened at 4,109.25, up 0.22%, but fell below the 4,100 level during the morning session.
In the KOSPI Market, individuals have made a net purchase of 697.7 billion won, while foreign investors and institutions have net sold 534.7 billion won and 201.9 billion won, respectively.
By sector, metals (up 1.80%), retail (up 1.16%), and electrical/electronics (up 0.67%) are showing strength, while machinery/equipment (down 3.00%), insurance (down 2.76%), and medical/precision instruments (down 2.17%) are weak.
Among the top market cap stocks, LG Energy Solution (up 4.46%), Hanwha Aerospace (up 3.35%), and Samsung C&T Corporation (up 3.07%) are rising, while Doosan Enerbility (down 4.60%), Shinhan Financial Group (down 3.24%), and KB Financial Group (down 2.83%) are declining.
At the same time, the Korea Securities Dealers Automated Quotations (KOSDAQ) was trading at 926.00, up 1.26 points (0.14%) from the previous day. Individuals and foreign investors have net bought 7.8 billion won and 131.4 billion won, respectively, while institutions have net sold 94.1 billion won.


koreanbae@fnnews.com Ba Han-geul Reporter