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KOSPI declines by 1% on foreign and institutional selling

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The KOSPI closed lower due to the sell-off of foreign institutions.

The KOSPI closed at 2930.17 on the 10th, down 32.29 points (1.09%) from the previous day.

Individuals net bought 235.1 billion won, while foreigners and institutions net sold 23.7 billion won and 235.7 billion won, respectively.

By industry, steel and metal (-3.22%), chemicals (-3.21%), textiles and apparel (-2.91%), medical precision (-2.38%), small-cap stocks (-2.22%), machinery (-2.09%), distribution (-2.09%) Banks (1.92%) and pharmaceuticals (0.22%) rose while most of them fell by -2.05%) and paper and wood (-2%).

The top stocks by market cap are Samsung Electronics (-0.43%), SK Hynix (-0.46%), Naver (-0.72%), Kakao (-1.20%), Samsung Biologics (-0.73%), and LG Chem (-3.90%). ), Hyundai Motor (-2.11%) and Kia (-1.72%) all fell.

On the day, the KOSDAQ closed at 987.75, 20.93 points (2.07%) lower than the previous day.

Individuals net bought 464.9 billion won, while foreigners and institutions net sold 219.9 billion won and 170.8 billion won, respectively.

Celltrion Healthcare (2.53%), Pearl Abyss (0.52%), Celltrion Pharm (1.82%), etc. rose by market cap, while EcoproBM (-3.30%), L&F (-6.73%), and Kakao Games (-7.21%). ), WeMade (-4.49%), HLB (-1.36%), SK Materials (-1.75%), CJ ENM (-1.05%) and Alteogen (-2.69%) fell.

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