KOSPI 7,486 fell intraday after opening, retail investors 1 trillion 5,000 hundred million sold
The KOSPI started the session at 7,486.64 but turned lower intraday, increasing volatility. Individuals were net sellers of 1 trillion 5,000 hundred million won, while buying by institutions helped defend the index. The KOSDAQ recovered in a single day from the 700 level to the 800 level, led higher by semiconductor materials and equipment.
The KOSPI began the session at 7,486.64 but turned lower intraday, widening its trading range. This trend immediately affects the valuation of held stocks.
The market opened 239.85 points (3.31%) higher at 7,486.64. Gains at the open were maintained during the morning session.
Individual investors generated selling pressure by net selling 1 trillion 5,000 hundred million won. Individual selling became one factor behind intraday index volatility.
The index was supported by institution-led buying. Inflows of buying during the session limited the decline.
Positive news related to SK hynix contributed to the index's recovery. U.S.-related news affected trading sentiment.
The KOSDAQ recovered in a single day from the 700level to the 800level. Semiconductor materials and equipment stocks led the gains.
Earlier, the KOSPI had suffered such a steep decline that it was described as being at a “Lehman crisis-level.” Geopolitical noise stemming from Iran was cited as the backdrop that increased volatility.
The intraday trend continued to show repeated gains and losses. The market displayed high volatility in the short term.