KOSPI falls 1% on foreign selling, while KOSDAQ rises

According to Financial News, the Korea Composite Stock Price Index (KOSPI) declined on the back of net selling by foreign investors.
On the 27th, the KOSPI closed at 6,244.13, down 63.14 points, or 1.00%, from the previous session.
The index opened the day at 6,197.49, down 109.78 points, or 1.74%, from the previous close.
In the Korea Exchange Securities Market (KOSPI market), foreign investors were net sellers of 7.6967 trillion won. In contrast, retail investors and institutions were net buyers of 7.2784 trillion won and 135.6 billion won, respectively.
Most large-cap stocks by market capitalization retreated. Samsung Electronics slipped 0.46%, while SK Hynix also weakened, falling in the 2% range.
The KOSDAQ index, meanwhile, ended at 1,192.78, up 4.63 points, or 0.39%, from the previous day.

dschoi@fnnews.com Choi Doo-seon Reporter