KOSPI Collapses Around 2,490 On Foreigners' Sale...KOSDAQ rises

2024.12.17 AM 03:09
The KOSPI, which started higher, fell below the 2,490-point mark, pushed by foreign selling.

In the stock market, the Kospi started 0.67 percent higher but closed 0.22 percent lower at 2,488.97.

Individuals and institutions bought a net 370 billion won, but foreigners sold a net 470 billion won alone.

The KOSPI fell for the first time in five days, but the KOSDAQ index continued to rise for five consecutive days after the emergency martial law shock.

The tech-heavy KOSDAQ opened 0.88 percent higher but closed 0.69% higher at 698.53.

Individuals bought a net 200 billion won, and foreigners and institutions sold a net 190 billion won.

Due to the outflow of foreign funds, the won-dollar exchange rate once rose to 1,438.2 won.

Since then, the won-dollar exchange rate has fallen to 1,435 won as of 3:30 p.m.



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