Seoul shares opened sharply lower on heavy foreign selling Thursday, a day after the Democrats' sweeping midterm election victory in the United States.
As of 9:07 a.m., the KOSPI index was trading at 5,552.84, down 130.96 points (2.30%) from the previous day. While retail investors and institutional investors were making net purchases of 106.5 billion won and 43 billion won, respectively, foreign investors were making net sales of 151.4 billion won.
Samsung Electronics was trading at 209,750 won, down 3.78%. SK Hynix showed a decline of 6.38% to 1,307,000 won.
△Samsung Electro-Mechanics (-7.89%), △SK Square (-6.79%), △Samsung Electronics Preferred Shares (-3.26%), △Samsung Life Insurance (-2.12%), and △LG Energy Solution (-1.69%) are among the declining stocks.
△Hyundai Motor (+6.00%), △KB Financial Group (+4.82%), and △Samsung Biologics Logistics (+4.35%) are among the rising stocks.
The KOSDAQ index showed a drop of 8.75 points (1.22%) to 706.20. While retail investors and institutional investors were making net purchases of 4.3 billion won and 20.6 billion won, respectively, foreign investors were making net sales of 24.2 billion won.
△Simtech (-11.95%), △IOTECH (-8.58%), △Jusung Engineering (-8.02%), △Lino Industrial (-5.04%), △EcoPro BM (-2.26%), and △Rainbow Robotics (-0.86%) are among the declining stocks.
△Altheogen (+8.09%), △Samchundang Pharm (+5.35%), △HLB (+3.43%), and △EcoPro (+0.13%) are among the rising stocks.
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