KOSPI Falls Below 4,000 Mark Due to Foreign Sell-Off

[Financial News] On the 18th, the KOSPI dropped more than 1% during the session, falling below the 4,000 mark.
The KOSPI closed at 3,994.51, down 61.90 points (1.53%) from the previous trading day.
The index opened at 3,989.60, a decrease of 66.81 points (1.65%) from the previous day.
In the KOSPI Market, foreign investors sold 437.7 billion won worth of shares. This marks a continued selling trend following net sales exceeding 1 trillion won on the 15th. Institutional investors also recorded a net sale of 93.6 billion won, while individual investors bought 490.3 billion won worth of stocks.
Among the top market cap stocks, performance was mixed. Samsung Electronics slipped 0.37%, while SK hynix edged up 0.18%.
The KOSDAQ Index closed at 901.33, down 9.74 points (1.07%) from the previous day.

dschoi@fnnews.com Choi Doo-sun Reporter