[Infostock Daily= Reporter Park Hyo-sun] The KOSPI market closed again on the 16th with a sharp decline.
As news of the US interest rate cut was reported, it fell more than 3% to 1710 Line.
The KOSPI index rose 33.99 points (▲1.92%) to 1805.43, up from the previous trading day, but the decline continued in the afternoon due to the US Federal Reserve's emergency rate cut.
In the KOSPI market, individuals net bought 927.1 billion won, while foreigners sold 682.9 billion won and institutions sold 342.9 billion won. Foreigners continued net selling for eight consecutive trading days.
By industry, transportation equipment (▼5.2%), banks (▼4.7%), chemicals (▼4.6%), paper wood (▼3.99%), and electrical and electronic equipment (▼2.7%) fell sharply.
Samsung Electronics (▼2.10%), SK Hynix (▼2.30%), Samsung Bio Logics (▼5.81%), Naver (▼6.63%), LG Chem (▼8.22%), Hyundai Motor (▼4.93%), and Samsung SDI (▼8.83%) all plunged in the top market capitalization.
The KOSDAQ index closed at 504.51, down 19.49 points (▼3.72%) from the previous trading day.
The KOSDAQ index rose 14.68 points (▲2.80%) to 538.68, which once rose, but turned downward in the second half of the year
In the KOSDAQ market, individuals net bought KRW 4.6 billion and foreigners net bought KRW 14.8 billion, while institutions sold KRW 18.7 billion.
By industry, general electrical and electronic equipment (▼7.7%), semiconductors (▼6.5%), telecommunications equipment (▼5.1%), and machinery equipment (▼4.9%) fell sharply.
Celltrion Healthcare (▼2.17%), CJ ENM (▼3.10%), KM Double (▼4.04%), Eco Probium (▼9.73%), and Hugel (▼5.70%) fell in the top market cap.
On the other hand, H.L.B. (▲3.29%), Pearl Abyss (▲0.61%), and Studio Dragon (▲3.03%) rose.
In particular, Seegene (▲17.53%), a Corona 19(COVID-19) diagnostic kit company, has entered the top 10 market cap with a surge in share prices.
The won-dollar exchange rate in the Seoul foreign exchange market closed at 1226.0 won per dollar, up 6.7 won (▲0.6%) from the previous trading day. The closing price is the highest in four years since March 2, 2016 (1227.5 won).
Reporter Park Hyo-sun hs1351@infostock.co.kr