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KOSPI battered by heavy foreign and institutional selling, plunges below 6,700 points

KOSPI battered by heavy foreign and institutional selling, plunges below 6,700 points

Seoul stock indexes are displayed on an electronic board in the Hana Bank dealing room in Jung District, Seoul, Monday. / NEWS1 photo by Kim Myeong-seop
Seoul stock indexes are displayed on an electronic board in the Hana Bank dealing room in Jung District, Seoul, Monday. / NEWS1 photo by Kim Myeong-seop

The KOSPI index is falling amid selling pressure from both foreign investors and institutional investors on Monday.

At 9:06 a.m., the KOSPI index fell to 6,683.99, down 225.92 points (3.27%) from the previous trading day. While foreign investors and institutional investors were net selling 537.9 billion won and 100.1 billion won respectively, retail investors were net buying 621.3 billion won.

Samsung Electronics fell 3.47% to 250,500 won. SK Hynix traded down 5.08% at 1.72 million won.

△SK Square (-6.98%) △Samsung Electric (-4.64%) △Samsung Life (-4.39%) △Hyundai Motor (-3.92%) △Samsung Electronics Preferred (-3.88%) △Samsung Biologics (-1.98%) △LG Energy Solution (-1.94%) △KB Financial Group (-1.18%) are among those falling.

The KOSDAQ index showed 804.74, down 15.90 points (1.94%). While institutional investors and foreign investors were net selling 21 billion won and 1.4 billion won respectively, retail investors were net buying 23.8 billion won.

△Rainbow Robotics (-4.13%) △Robotis (-3.86%) △EcoPro BM (-3.35%) △EcoPro (-3.32%) △Alteogen (-2.99%) △iOTechnics (-2.36%) △Simtek (-1.83%) △Rino Industrial (-1.20%) △Wonik IPS (-0.91%) are among those falling. Juseong Engineering remained flat (0.00%).

"This article was translated using AI and may differ slightly from the original."