Institutional and foreigners 42 trillion on sale and KOSPI 21 decline

Give me 3,200 lines in one day… KOSPI/KOSDAQ individual highest net purchase ever

Institutional and foreigners 4.2 trillion on sale, down 2.1% KOSPI (total)

The KOSPI fell back in a day after breaking the 3,200 mark for the first time in history.

Foreigners and institutions poured out more than 4 trillion won of bombs for sale, and individuals bought them to prevent further declines in the index, but it was not enough.

On the 26th, the KOSPI ended at 3,140.31, down 68.68 points (-2.14%) from the previous day.

The index started at 3,203.96, down 5.03 points (0.16%) from the battlefield and continued to decline during the intraday.

Concerns over the economic recovery delayed due to the spread of the coronavirus strain and delayed vaccination were raised, and the stock price surged for a short period of time, resulting in an overvaluation burden.

In the securities market, foreigners sold KRW 1.91 trillion and institutions sold KRW 2.25 trillion, leading the index decline.

While the index fell by more than 2% due to the supply and demand burden from selling foreigners and institutions, individuals defended the index by net purchase of 4.2214 billion won.

The net purchase amount of individuals was the second highest ever after the 11th (4,491 trillion won).

Lee Kyung-min, a researcher at Daishin Securities, said, “Even though the growth rate was announced in the fourth quarter, concerns about strengthening European containment measures due to the spread of the variant coronavirus, disruption in vaccine supply, and delay in US stimulus measures were a negative factor in investment sentiment.”

As the won weakened on that day, this led to an increase in foreign stock sales.

Asian stock markets were also weak at the same time.

Japan’s Nikkei 225 Index fell 0.96%, and the Taiwanese Gakwon Index fell 1.80%.

China’s Shanghai Composite Index fell 1.40% at the close of the domestic market.

Among the top stocks by market capitalization, Samsung Biologics (1.52%), Samsung Electro-Mechanics (1.17%), and Celltrion (0.47%) were strong.

LG (-5.43%), LG Electronics (-4.49%), SK Hynix (-4.44%), SK (-4.23%), and NCsoft (-4.22%) showed a drop in the 4-5% range.

The trading volume of the securities market was 855.97 million shares, and the trading value was 21,566.3 billion won.

The KOSDAQ index finished at 994.00, down 5.30 points (-0.53%) from the previous day.

The index opened at 1,000.00, up 0.70 points (0.07%) from the battlefield, exceeding the 1,000 line in the morning and then turned to a decline.

It was only 20 years and 4 months after September 15, 2000 (the market price was 1,037.59), when the information technology (IT) main boom occurred, but it failed to shoot the’big figure’.

In the KOSDAQ market, foreigners and institutions net sold 29.2 billion won and 144.9 billion won respectively.

Individuals net bought 4149 billion won.

The combined net purchase amount of the stock market and the KOSDAQ market was 4.63 trillion won, which was the highest ever recorded (formerly 4.57 trillion won on January 11).

The volume of transactions in the KOSDAQ market was 2.6.84 million shares, and the transaction value was 18,51.2 billion won.

/yunhap news

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