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[Alpha Biz=(Chicago) Reporter Paul Lee] The KOSPI fell to the 2,580-point level on the 5th but recovered to around 2,600 units. Although it started lower due to the effects of profit-taking sales by foreigners and institutions, it is showing a steady trend as individuals receive supplies, especially stocks with low price-to-book ratio (PBR).
As of 3:10 p.m., the KOSPI was 2597.67, down 17.64 points (0.67%) from the previous trading day. The KOSDAQ fell 7.16 points (0.88%) from the previous trading day to 807.61.
Looking at the KOSPI by supply and demand entity, foreigners bought KRW 121 billion and individuals bought KRW 539 billion. On the other hand, the agency sold a net 694 billion won. KOSDAQ also net bought KRW 328 billion by individuals, but institutions and foreigners sold KRW 172 billion and KRW 131 billion, the report showed.
KOSPI started the day at 2612.77, down 2.54 points (0.10%) from the previous day. As of 9:20 am, it was 2587.58, down 32.73 points (1.25%) from the previous trading day.
Among the top market cap stocks, Samsung Electronics (005930) (-1.73%), SK Hynix (000660) (-1.93%), NAVER (035420) (-5.64%), and KB Financial (105560) (-3.32%) fell. Hyundai Motor (005380) and LG Chem (051910) rose 4.63% and 2.06%, respectively, to 237,500 won and 470,500 won.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
