Foreign investors dump 3 trillion won in an hour, all absorbed by retail buyers... KOSPI falls 1.5% [Morning Market Brief]

According to The Financial News, the Korea Composite Stock Price Index (KOSPI) is trading lower as foreign and institutional investors turn net sellers.
As of 9:59 a.m. on the 27th, the KOSPI was at 6,210.31, down 96.96 points, or 1.54%, from the previous session.
The index opened at 6,197.49, down 109.78 points, or 1.74%, from the previous day.
In the Korea Exchange Securities Market (KOSPI market), foreign investors have sold 3.4802 trillion won worth of shares, while institutions have offloaded 129.3 billion won. In contrast, individual investors have been net buyers of 3.5063 trillion won.
Most large-cap stocks by market capitalization are lower. Samsung Electronics is down 1.38%, and SK Hynix is also weak, falling more than 3%.
At the same time, the KOSDAQ Index was trading at 1,187.54, down 0.61 points, or 0.05%, from the previous day.

dschoi@fnnews.com Choi Doo-seon Reporter