The KOSPI index closed lower on March 24, slipping below the 2630 level due to a sell-off by individual investors. The index dropped by 11.06 points(0.42%) to end at 2632.07.
Individuals were net sellers, offloading 77.6 billion won worth of shares, while foreign investors and institutions were net buyers, purchasing 7.5 billion and 3.8 billion worth of shares, respectively.
Sector-wise, the automotive, capital goods, and auto parts sectors saw around 3% gains, while steel, trading, and non-ferrous metals sectors fell by over 2%.
The downturn in the KOSPI was driven by the weak performance of major semiconductor stocks. Samsung Electronics(005930) fell by 1.94%, closing at 60,500 won, and SK hynix(000660) dropped 1.86%, closing at 211,500 won.
On the other hand, shares of Hyundai Motor Group saw strong gains as speculation grew that tariffs on certain goods, including automobiles, might be delayed. Hyundai Motor Company(005380) rose by 3.90%, closing at 213,000 won, while Kia(000270) increased by 3.13%, and Hyundai Mobis(012330) surged by 4.88%.
Hanwha Aerospace(012450), which had seen a sharp decline following its announcement of a 36,000 crore won capital increase, gained 7.48% following news of share buybacks by its major shareholder and executives.
The performance of large-cap stocks showed a mixed trend, with LG Energy Solution(373220) rising by 0.76%, Shinhan Financial Group(055550) by 1.67%, and KB Financial Group(105560) by 0.62%. However, Samsung Biologics(207940) fell by 1.55%, Samsung Electronics preferred(005935) by 1.97%, Celltrion(068270) by 0.86%, NAVER(035420) by 1.19%, HD Hyundai Heavy Industries(329180) by 0.33%, and POSCO Holdings(005490) by 5.37%.
The KOSPI trading volume for the day reached 359.99 million shares, with a trading value of 6.84 trillion won. There were 406 stocks that closed higher, while 463 stocks finished lower. The day's trading saw one stock hitting the upper limit and one hitting the lower limit.
The KOSDAQ index rose by 0.81 points(0.11%), closing at 720.22. The index opened at 721.39, up by 1.98 points(0.28%), and after fluctuating throughout the day, it ended higher, marking its first increase in four sessions since March 18.
Individual investors were the sole net buyers, purchasing 59 billion won worth of shares, which contributed to the index's rise. Foreign investors and institutions were net sellers, offloading 32.4 billion won and 27.6 billion won worth of shares, respectively.
Sectors showed a mixed performance, with pharmaceuticals gaining over 2%, and entertainment, transportation equipment and parts, and logistics sectors rising by 1%. Retail, general services, other manufacturing, and food and beverages also posted gains. On the other hand, publishing and media, textiles and clothing, chemicals, financials, electronics, non-ferrous metals, medical equipment, and paper and wood sectors ended lower.
Among large-cap stocks, EcoPro BM(247540) rose by over 3%, while Rainbow Robotics(277810) and Leeno Industrial(058470) fell by over 2%. EcoPro(086520), Hugel(145020), Classys(214150), LigaChem Biosciences(141080), Voronoi(310210), Celltrion Pharm(068760), and Peptron(087010) also saw declines of around 1%. However, major stocks such as Alteogen rose by 0.68%, closing at 372,500 won, while Samchundang Pharm(000250) and Kolon TissueGene(950160) saw strong gains.
Among individual stocks, HLB(028300), which saw a sharp decline in stock price last week following the failure to receive new drug approval, rebounded by over 15%, recovering to the 53,000 won range after hitting a limit down of 46,500 won on March 21.
The total KOSDAQ trading volume for the day reached 668.02 million shares, with a trading value of 5.24 trillion won. There were 737 stocks that closed higher, including 2 hitting the upper limit, 868 stocks that finished lower, including 3 at the lower limit, and 117 stocks that ended flat.
The KOSPI index closed lower on March 24, slipping below the 2630 level due to a sell-off by individual investors. The index dropped by 11.06 points(0.42%) to end at 2632.07.
Individuals were net sellers, offloading 77.6 billion won worth of shares, while foreign investors and institutions were net buyers, purchasing 7.5 billion and 3.8 billion worth of shares, respectively.
Sector-wise, the automotive, capital goods, and auto parts sectors saw around 3% gains, while steel, trading, and non-ferrous metals sectors fell by over 2%.
The downturn in the KOSPI was driven by the weak performance of major semiconductor stocks. Samsung Electronics(005930) fell by 1.94%, closing at 60,500 won, and SK hynix(000660) dropped 1.86%, closing at 211,500 won.
On the other hand, shares of Hyundai Motor Group saw strong gains as speculation grew that tariffs on certain goods, including automobiles, might be delayed. Hyundai Motor Company(005380) rose by 3.90%, closing at 213,000 won, while Kia(000270) increased by 3.13%, and Hyundai Mobis(012330) surged by 4.88%.
Hanwha Aerospace(012450), which had seen a sharp decline following its announcement of a 36,000 crore won capital increase, gained 7.48% following news of share buybacks by its major shareholder and executives.
The performance of large-cap stocks showed a mixed trend, with LG Energy Solution(373220) rising by 0.76%, Shinhan Financial Group(055550) by 1.67%, and KB Financial Group(105560) by 0.62%. However, Samsung Biologics(207940) fell by 1.55%, Samsung Electronics preferred(005935) by 1.97%, Celltrion(068270) by 0.86%, NAVER(035420) by 1.19%, HD Hyundai Heavy Industries(329180) by 0.33%, and POSCO Holdings(005490) by 5.37%.
The KOSPI trading volume for the day reached 359.99 million shares, with a trading value of 6.84 trillion won. There were 406 stocks that closed higher, while 463 stocks finished lower. The day's trading saw one stock hitting the upper limit and one hitting the lower limit.
The KOSDAQ index rose by 0.81 points(0.11%), closing at 720.22. The index opened at 721.39, up by 1.98 points(0.28%), and after fluctuating throughout the day, it ended higher, marking its first increase in four sessions since March 18.
Individual investors were the sole net buyers, purchasing 59 billion won worth of shares, which contributed to the index's rise. Foreign investors and institutions were net sellers, offloading 32.4 billion won and 27.6 billion won worth of shares, respectively.
Sectors showed a mixed performance, with pharmaceuticals gaining over 2%, and entertainment, transportation equipment and parts, and logistics sectors rising by 1%. Retail, general services, other manufacturing, and food and beverages also posted gains. On the other hand, publishing and media, textiles and clothing, chemicals, financials, electronics, non-ferrous metals, medical equipment, and paper and wood sectors ended lower.
Among large-cap stocks, EcoPro BM(247540) rose by over 3%, while Rainbow Robotics(277810) and Leeno Industrial(058470) fell by over 2%. EcoPro(086520), Hugel(145020), Classys(214150), LigaChem Biosciences(141080), Voronoi(310210), Celltrion Pharm(068760), and Peptron(087010) also saw declines of around 1%. However, major stocks such as Alteogen rose by 0.68%, closing at 372,500 won, while Samchundang Pharm(000250) and Kolon TissueGene(950160) saw strong gains.
Among individual stocks, HLB(028300), which saw a sharp decline in stock price last week following the failure to receive new drug approval, rebounded by over 15%, recovering to the 53,000 won range after hitting a limit down of 46,500 won on March 21.
The total KOSDAQ trading volume for the day reached 668.02 million shares, with a trading value of 5.24 trillion won. There were 737 stocks that closed higher, including 2 hitting the upper limit, 868 stocks that finished lower, including 3 at the lower limit, and 117 stocks that ended flat.