KOSPI Falls Below 5,200 Intraday as Foreigners and Institutions Turn Net Sellers

According to Financial News, the KOSPI is trading lower intraday as both foreign and institutional investors are net sellers.
As of 11:22 a.m. on the 5th, the KOSPI was down 169.11 points, or 3.15%, from the previous session at 5,201.99.
At one point during intraday trading, the index fell as much as 180.78 points, or 3.37%, to 5,190.32, briefly dipping below the 5,200 level.
In the KOSPI Market, foreign investors are selling a net 3.3364 trillion won. Institutions are also heavy net sellers, offloading 1.1152 trillion won. In contrast, individual investors are net buyers of 4.3075 trillion won.
Most large-cap stocks by market capitalization are declining. Samsung Electronics and SK hynix are each down about 4%, while Hyundai Motor (-2.28%) and LG Energy Solution (-1.74%) are also trading lower.
By sector, electrical and electronics are down 4.45%, manufacturing is off 3.63%, and machinery and equipment are down 3.47%.
At the same time, the KOSDAQ Index was trading at 1,120.84, down 28.59 points, or 2.49%, from the previous day.

dschoi@fnnews.com Choi Doo-seon Reporter