KOSPI falls 1.61% on foreign net selling [Closing Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) traded lower amid net selling by foreign investors.
On the 9th, the KOSPI closed at 5,778.01, down 94.33 points (1.61%) from the previous session.
The index opened at 5,826.45, down 45.89 points (0.78%) from the previous day. During intraday trading, it fell as much as 114.85 points (1.96%) to 5,757.49.
In the Korea Exchange Securities Market, foreign investors sold 1.2906 trillion won worth of shares. In contrast, individual investors and institutions bought 352.6 billion won and 412 billion won, respectively.
Most large-cap stocks by market capitalization declined. Samsung Electronics fell 3.09%, while SK hynix lost 3.29%.
By sector, transportation equipment and parts dropped 2.61%, electrical and electronics fell 2.50%, and insurance declined 2.29%.
The KOSDAQ Index ended at 1,076.00, down 13.85 points (1.27%) from the previous day.

dschoi@fnnews.com Choi Doo-sun Reporter