[Infostock Daily= Reporter Park Hyo-sun] The KOSPI and KOSDAQ closed again on the 18th with a sharp fall. The KOSPI index fell below the 1600 mark for the first time in 12 years.
According to the Korea Exchange, the KOSPI closed at 1,591.20, down 81.24 points (▼4.86%) from the previous trading day.
The KOSPI started at 1686.12, up 13.68 points (▲0.82%) from the previous trading day. The KOSPI, which showed an upward trend in the morning, turned downward in the afternoon and fell just before the closing ceremony.
The KOSPI index was the lowest in 12 years and 10 months since May 15, 2007, (1589.97), based on the closing price.
The KOSDAQ 150 futures index plunged 8 percent in the day, and futures circuit breakers were triggered.
In the KOSPI market, individuals net bought KRW 914.6 billion, while foreigners sold KRW 589.4 billion and institutions sold KRW 436.2 billion. Foreigners continued net selling for 10 consecutive trading days.
By industry, insurance (▼7.32%), construction (▼6.97%), machinery (▼6.65%), steel and metal (▼6.48%), transportation equipment (▼6.40%), transportation warehouse (▼6.15%), non-metallic minerals (▼5.86%), securities (▼5.79%), medical precision (▼5.40%), retail (▼5.39%), electric gas (▼5.33%), financial industry (▼5.33%) and so on.
All of the top-tier market caps fell, except for Celltrion (▲1.51%) and LG Household & Health Care (▲3.85%).
Samsung Electronics (▼3.59%), Samsung SDI (▼9.96%), SK Hynix (▼9.08%), LG Chem (▼8.65%), Hyundai Motor (▼8.24%), Celltrion (▼6.55%), Samsung C&T (▼5.78%), Samsung Bio Logics (▼4.07%), and Naver (▼3.31%) fell.
The KOSDAQ index closed at 485.14, down 29.59 points (▼5.75%) from the previous trading day; the index closed at its lowest level since June 21, 2005 (485.12).
In the KOSDAQ market, individuals net bought 120 billion won, while foreigners sold 122.9 billion won and institutions sold 6.9 billion won.
By industry, construction (▼4.05%), distribution (▼5.77%), finance (▼4.06%), and manufacturing (▼5.78%) fell.
In the top of the market cap, it fell, except for Studio Dragon (▲0.96%).
Seegene (▼7.64%), HLB (▼7.29%), Celltrion Healthcare (▼5.92%), Helixmith (▼4.79%), SK Materials (▼4.40%), Pearl Avis (▼3.68%), CJ ENM (▼3.30%), Hugel (▼2.48%), KM Double (▼2.42%) fell.
The won-dollar exchange rate in the Seoul foreign exchange market closed at 1245.7 won per dollar, up 2.2 won (▲0.2%) from the previous trading day.
Reporter Park Hyo-sun hs1351@infostock.co.kr
