Foreign investors dump about 3 trillion won; KOSPI tumbles 3% and loses the 5,500 level [Financial News Closing Market]

[Financial News] Foreign investors were net sellers of about 3 trillion won in the Stock Market Division of the Korea Exchange on the 26th, dragging the KOSPI down by more than 3%.
The Korea Composite Stock Price Index (KOSPI) closed at 5,460.46, down 3.22% from the previous session. The index opened at 5,594.06, 0.85% lower, and then extended its losses, falling below the 5,500 level.
By investor type, foreign investors and institutions in the Stock Market Division were net sellers of about 3 trillion won and 330 billion won, respectively, pushing the index lower. Individuals bought roughly 3 trillion won, trying to support the market, but it was not enough.
Most large-cap stocks by market capitalization were also weak. Samsung Electronics fell 4.71% and SK hynix dropped 6.23%, posting sharp declines, while SK Square also plunged 7.77%. In contrast, KB Financial Group rose 1.87% and Shinhan Financial Group gained 1.41%.
By sector, electrical and electronics stocks slid 4.76%, insurance lost 4.68%, and manufacturing declined 3.71%, with most sectors trading lower. Only paper and wood products, up 4.58%, pharmaceuticals, up 0.27%, and telecommunications, up 0.23%, finished higher.
The KOSDAQ also weakened, ending the session down 1.98% at 1,136.64. In the KOSDAQ market, foreign investors and institutions were net sellers of about 300 billion won and 130 billion won, respectively, while individuals were net buyers of about 480 billion won.
[email protected] Kim Mi-hee Reporter