KOSPI plunges intraday by 7~8% range, triggering a circuit breaker
7During trading, KOSPI plunged from the 7% range to the 8% range, triggering a circuit breaker, and the index fell below the 7,500line. Foreign investors sold mainly large-cap stocks, while Hong Kong retail investors net bought KOSPI over the recent 2weeks, totaling 1,600million won.
7During trading, KOSPI plunged from the 7% range to the 8% range, triggering a circuit breaker. Trading was temporarily suspended as a result.
As a result of the decline, the index fell below the 7,500line. Large-cap stocks showed high volatility before and after the intraday plunge.
Samsung Electronics appeared to face concentrated selling by foreign investors, while complaints were raised that retail investors suffered losses. Selling was observed mainly in some large-cap stocks.
'Cellon' shares fell during the session as selling pressure prevailed despite favorable news. The stock showed diverging trends between the favorable announcement and trading activity.
Hong Kong retail investors have been buying the KOSPI this month, with recent 2weekly total 1,600about hundred million won in net purchases. Some cross-border fund flows emerged.
There were wide sector-by-sector fluctuations, including in semiconductor-related stocks. Intraday order executions and the buying and selling details of foreign investors and institutions were successively disclosed through exchange filings.
Even after the market close, detailed trading activity was announced through exchange filings and trader-level breaking news. Specific time periods and amounts can be checked in the exchange filings.
Trading activity that occurred during the day, along with data on foreign investors' net buying and net selling, is being used to understand the flow of investor orders.