[Infostock Daily= Reporter Park Hyo-sun] On the 19th, the KOSPI and KOSDAQ markets were panics a day, and the KOSPI index fell to the 1400 level as it continued to plunge for seven consecutive trading days.
The KOSDAQ market recorded the biggest decline in the index ever, lower than the global financial crisis in 2008.
The KOSPI index closed at 1447.64, down 133.56 points (9.39 percent) from the previous trading day. It is the first time in about 10 years and 8 months since July 23, 2009 (1496.49) that the KOSPI fell below the closing price of 1,500 Line.
It is the largest since the Korea Exchange compiled the data.
The KOSPI index rose 34.89 points (▲2.19%) from the previous trading day to 1626.09, but it fell sharply due to the early fall.
In the market, circuit breakers and sidecars were activated. Despite these measures, the KOSPI index did not stop the KOSPI from falling. The KOSPI index fell to 1439.43 in the market.
In the KOSPI market, individuals net bought KRW 246.9 billion and institutions net bought KRW 288.8 billion, while foreigners net sold KRW 620.7 billion. Foreigners continued net selling for 10 consecutive trading days.
By industry, paper lumber (▼13.75%), food and beverage (▼10.53%), medical precision (▼12.88%), transportation equipment (▼10.52%), construction (▼11.84%), and financial industry (▼10.37%) fell sharply.
LG Chem (▼17.86%), Samsung SDI (▼17.38%), Celltrion (▼10.83%), Hyundai Motor (▼10.34%), Samsung Bio Logics (▼8.61%), Samsung C&T (▼8.06%), Samsung Electronics (▼5.81%), SK Hynix (▼5.61%), LG Household & Health Care (▼3.18%), Naver (▼1.37) all fell in the top market capitalization.
The KOSDAQ index closed at 428.35, down 56.79 points (▼11.71%) from the previous trading day. The KOSDAQ index fell more than the previous record of 11.59% on September 12, 2001.
The KOSDAQ index rose 16.45 points (▲3.39%) to 501.59 from the previous trading day, but it turned to a decline and gradually increased its decline. The KOSDAQ market was also operated by both circuit breakers and sidecars, but failed to prevent the decline.
In the KOSDAQ market, foreigners net bought KRW 164.6 billion and institutions net bought KRW 10.5 billion, while individuals sold KRW 172.4 billion.
By industry, transportation (▼15.58%), metal (▼15.36%), textile apparel (▼15.44%), chemicals (▼14.59%), machinery equipment (▼13.43%), finance (▼13.20%), IT hardware (▼12.66%), IT software (▼12.35%), manufacturing (▼11.91%), distribution (▼10.36%), machinery equipment (▼13.43%) and others fell sharply.
All stocks except Seegene (▲13.51%) and KMW (▲3.77%) fell in the top market cap. Hugel (▼13.87%), SK Materials (▼13.28%), CJ ENM (▼10.34%), Celltrion Healthcare (▼7.74%), Studio Dragon (▼6.24%), Pearl Abyss (▼5.23%), and HLB (▼5.16%) fell.
In the Seoul foreign exchange market, the won-dollar exchange rate closed at 1285.7 won, up 40.0 (▲3.2%) from the previous trading day. This is the highest level since July 14, 2009, (1293 won) on the closing price basis.
The won-dollar exchange rate started trading at 1257.0 won, up 11.3 won, and it soared to 1296 won during the session.
porter Park Hyo-sun hs1351@infostock.co.kr
