KOSPI Collapses Around 2,500 On Foreigners' Sale...KOSDAQ also falls

2024.11.12 PM 04:14
The KOSPI fell for the third day on foreign selling, breaking the 2,500-point mark.

The KOSPI fell 1.94 percent to close at 2,482.57 after falling below the 2,500-point mark at around 9:45 a.m.

Foreigners and institutions made net sales together, and individuals showed net purchases alone.

Samsung Electronics hit a new 52-week low, and SK Hynix also fell for a second day.

Shipbuilding stocks, which were considered Trump beneficiaries, also fell, while secondary battery stocks rose.

The KOSDAQ index also started with a 0.02% drop and increased its decline to close 2.51% lower at 710.52.

Market experts said that despite the so-called "Trump Rally" in the U.S. stock market, our stock market is marginalized, and that the concentration by industry is intensifying, and both supply and demand and investor sentiment are sluggish.




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