On November 4, the KOSPI extended its losses in midday trading as heavy profit-taking by foreign investors triggered broad market declines. Despite individual investors stepping in to buy the dip, their efforts were not enough to offset the strong downward pressure.
As of 11:55 a.m., the benchmark KOSPI stood at 4,137.83, down 84.04 points (1.99%) from the previous session.
Foreign investors sold 14 trillion won worth of shares in the cash market and offloaded another 17 trillion won in KOSPI 200 futures, while institutional investors were also net sellers with 430 billion won in outflows.
In contrast, retail investors remained net buyers, purchasing 19 trillion won in the cash market and 6 trillion won in futures.
Most large-cap stocks were trading lower, with major semiconductor shares—Samsung Electronics (005930) down 3.60% and SK Hynix (000660) down 5.16%—leading the decline after their recent rally.
Other heavyweight stocks also weakened, including Hyundai Motor (005380) (-4.97%), HD Hyundai Heavy Industries (329180) (-6.59%), Kia (000270) (-3.40%), and Samsung C&T (028260) (-3.09%).
On the upside, KB Financial Group (105560) rose 2.16%, and Celltrion (068270) gained 0.80%.
Meanwhile, the KOSDAQ index was trading 14.61 points (1.60%) higher at 929.16 at the same time.
On November 4, the KOSPI extended its losses in midday trading as heavy profit-taking by foreign investors triggered broad market declines. Despite individual investors stepping in to buy the dip, their efforts were not enough to offset the strong downward pressure.
As of 11:55 a.m., the benchmark KOSPI stood at 4,137.83, down 84.04 points (1.99%) from the previous session.
Foreign investors sold 14 trillion won worth of shares in the cash market and offloaded another 17 trillion won in KOSPI 200 futures, while institutional investors were also net sellers with 430 billion won in outflows.
In contrast, retail investors remained net buyers, purchasing 19 trillion won in the cash market and 6 trillion won in futures.
Most large-cap stocks were trading lower, with major semiconductor shares—Samsung Electronics (005930) down 3.60% and SK Hynix (000660) down 5.16%—leading the decline after their recent rally.
Other heavyweight stocks also weakened, including Hyundai Motor (005380) (-4.97%), HD Hyundai Heavy Industries (329180) (-6.59%), Kia (000270) (-3.40%), and Samsung C&T (028260) (-3.09%).
On the upside, KB Financial Group (105560) rose 2.16%, and Celltrion (068270) gained 0.80%.
Meanwhile, the KOSDAQ index was trading 14.61 points (1.60%) higher at 929.16 at the same time.