KOSPI Drops Over 1% as Foreign Investors Lead Sell-Off [fn Morning Market Brief]

[Financial News] The Korea Composite Stock Price Index (KOSPI) is maintaining a decline of over 1% during trading on the 18th.
As of 9:22 a.m., the KOSPI was trading at 4,011.15, down 45.26 points (1.12%) from the previous session.
The KOSPI opened at 3,989.60, a decrease of 66.81 points (1.65%) from the previous day.
On the main board, foreign investors have sold shares worth 13.6 billion KRW. Following a sell-off of over 1 trillion KRW on the 15th, they continue to offload stocks. Individual investors are also net sellers, offloading 30.5 billion KRW. In contrast, institutional investors have purchased shares worth 39 billion KRW.
Among large-cap stocks, performance is mixed. Samsung Electronics is down 0.93%, while SK hynix is up 1.09%.
By sector, chemicals (-2.99%), electricity and gas (-2.31%), and metals (-1.91%) are showing the biggest declines.
The KOSDAQ Index is also trading lower, down 4.96 points (0.54%) from the previous day at 906.11.

dschoi@fnnews.com Choi Doo-seon Reporter