Foreign investors' 7trillion net selling sent the KOSPI 1.8% lower, while semiconductor equipment stocks gained
Foreign investors made net sales worth 7trillion won, sending the KOSPI 1.8% lower. Semiconductor equipment stocks were strong, while Samsung Fire & Marine Insurance surged 13% on interest-rate expectations.
![Foreign investors' 7trillion net selling sent the KOSPI 1.8% lower, while semiconductor equipment stocks gained/blog-images/gen-f4fdc575-fee9-486c-9fd8-e7e2aa1a5cbf.jpg)
Foreign investors made net sales worth 7trillion won. The KOSPI fell 1.8% on the same day. The index showed weakness during the day's trading.
The won-dollar exchange rate approached the 1,530won range. Samsung Fire & Marine Insurance surged 13%. Insurance stocks showed mixed movements, reflecting their sensitivity to interest rates.
Semiconductor-related stocks showed differentiated trends within the sector. While the semiconductor industry's two leaders took a breather, equipment stocks moved strongly, and Eugene Technology and Wonik IPS approached the daily upper limit. Strength in equipment stocks led to concentrated trading in some issues.
Korea Investment & Securities bet on a semiconductor supercycle and presented the possibility of the KOSPI 1only1000 possibility. Institutional sector outlooks influenced buying sentiment. Brokerage reports identified semiconductor industry conditions as a key variable.
Smack’s chairperson and CEO made open-market purchases. The company said it would accelerate growth based on semiconductors and robots. The management purchases were confirmed through a disclosure.
A semiconductor materials and equipment company that is SK Siltron’s 1tier partner has come onto the market as an M&A target. The sale target and transaction terms were facts confirmed in reports. On that day, market fortunes diverged by industry.