KOSPI surpasses 3,000 for the first time in the market, retreating 2960 units due to foreign and institutional sales

Photo = Seoul Finance DB
Photo = Seoul Finance DB

[서울파이낸스 김태동 기자] On the 6th, KOSPI set a record of breaking through the 3,000 line for the first time in history thanks to personal buying. However, due to net selling by foreigners and institutions at the last minute, the increase decreased and ended below the 3000 line.

On this day, the KOSPI ended at 2968.21, down 22.36p (0.75%) from the battlefield. It stopped the upward march that lasted for 7 trading days and the record high for 6 consecutive trading days.

The KOSPI started at 2993.34, up 2.77p (0.09%) from the previous day, and passed 3000 immediately. It has been about 13 years and 5 months since the first breakthrough of 2000 on July 25, 2007, when the KOSPI crossed the 3000 line.

By trading entity, foreigners and institutions net sold 669.1 billion won and 1.375.5 billion won, respectively. On the other hand, individuals made a net purchase of 2,24.3 billion won. In the program trading, both arbitrage and non-arbitrage trading showed a selling advantage, recording a total net sale of 8701 billion won.

By industry, the fluctuations were mixed. Transportation warehouses (-2.21%), transportation equipment (-2.13%), steel and metals (-1.68%), distribution (-1.58%), and machinery (-1.56%) pulled down the stock price. Securities (2.80%), non-metallic minerals (1.84%), telecommunications (1.61%), and financial sectors (1.54%) rose.

Most of the top stocks by market capitalization ended lower. Samsung Electronics (-2.03%), LG Chem (-0.34%), Samsung Biologics (-1.80%), Celltrion (-0.28%), Samsung SDI (0.87%), and Hyundai Motors (-3.10%) fell. SK Hynix (0.38%) and Kakao (0.64%) rose.

On this day, the KOSPI market closed with 394 rising stocks, 458 falling stocks and 53 unchanging stocks.

The KOSDAQ index closed at 981.39, down 4.37p (0.44%) from the previous trading day. The index, which started at 987.25, up 1.49p (0.15%) from the battlefield, ended lower due to the selling of foreigners and institutions.

Celltrion Healthcare (-1.31%), Celltrion Pharmaceutical (-1.92%), HLB (-8.14%), Alteogen (-1.19%), Ecopro BM (-1.56%), SK Materials -2.51) and others closed lower. Seegene (0.87%) and Pearl Abyss (0.12%) rose.

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