[마켓뷰] KOSPI was lacking in the last minute behind foreign net selling

Input 2021.02.09 16:31

KOSPI started higher, turned downward
The transaction amount is 14 trillion won, lower than before

The KOSPI index, which started rising smoothly on the 9th, lacked a last-minute feeling. On this day, the KOSPI index closed at 3084.67, down 6.57 points (0.21%) from the previous trading day. The KOSPI index, which started higher by crossing the 3110 line, maintained an uptrend throughout the market. The KOSPI index climbed to 3129.66, but before the expiration date of the option on the 10th, the supply and demand of foreigners were linked and the fluctuation was repeated at the 3100 line.

This seems to be the effect of the all-time highs of all major indexes on the US New York Stock Exchange last night. In the United States, investment sentiment across the asset market has improved further as the US Congress is expected to introduce a new $1.9 trillion stimulus package requested by President Joe Biden sooner or later.

However, the increase in the KOSPI index was limited in the afternoon and turned downward after 3 p.m. before the market close. Foreigners net sold 227.5 billion won on that day. In the morning, foreigners’ net buying of cash and futures inflows, and the KOSPI index exceeded 3120, but in the afternoon, the scale of net selling increased, leading to a decline in the index. Individuals and institutions net bought 49.7 billion won and 1562 billion won, respectively.

The transaction value was also 14 trillion won, which was smaller than before. The trading value of the securities market declined rapidly after peaking at 44 trillion won at the beginning of last month. When it rebounded last week, the transaction value was around 20 trillion won. Lee Kyung-min, a researcher at Daishin Securities, said, “It looks poor ahead of the Lunar New Year holiday.”

Among the stocks with the highest market capitalization of securities, Hyundai Motor (005380)Wow Hyundai Mobis (012330)Rose 1.07% and 1.09% respectively. The buying trend of the Hyundai Motor Group stocks, which declined due to Apple car-related issues the day before, has flowed. In the market, a view has emerged that the breakdown of negotiations with Apple will not act as a long-term negative factor for Hyundai Motor Group. Rather, there are opinions that this collapse should be used as an opportunity to buy at a low price.

In addition, related stocks also rose on the news that Tesla, a US electric vehicle company, purchased cryptocurrency Bitcoin. Widget (036090)Recorded the upper limit on this day Woori Technology Investment (041190)Closed up 14.63%.

The KOSDAQ index also closed lower with the KOSPI index. The KOSDAQ index recorded 957.85, down 2.93 points (0.30%) from the previous trading day. Individuals and foreigners net bought 55.5 billion won and 9.2 billion won, respectively, but institutions net sold 50.4 billion won.