KOSPI Dips on Profit-Taking; KOSDAQ Triggers Buy Sidecar

[Anchor]

After posting a record-breaking surge last Friday, the KOSPI is moving downward today (the 3rd) due to profit-taking. On the other hand, the KOSDAQ is on an upward trajectory, even triggering a buy sidecar.

Here is reporter Min Gyeongho.

[Reporter]

The KOSPI opened with a drop of over 3%.

It continues to fluctuate between 6,200 and 6,400.

It appears unable to sustain further gains as profit-taking emerges following the historic surge in the previous trading session.

Over the weekend, U.S. President Donald Trump abruptly canceled military operations against Iran and hinted at reaching an agreement with Iran regarding the Strait of Hormuz, but the impact has been limited.

Currently, retail investors are net buyers of around 2.5 trillion won, while foreign investors are leading the decline by selling 1.7 trillion won.

The positions of individual and foreign investors have completely reversed from the previous trading session, when retail investors recorded a net selling of over 8 trillion won and foreigners posted net buying of over 7 trillion won amid a nearly 18% surge.

Samsung Electronics is falling by over 7%, and SK Hynix, which hit the daily price limit in the previous trading session, is also down by over 7%.

Most sectors are on a downward trend, while Samsung Electro-Mechanics, Hyundai Mobis, and Hyundai Heavy Industries are rising.

In contrast, the KOSDAQ stood at 751 as of 11:30 AM, up 4.38% from the previous day.

A buy sidecar was briefly triggered during the session.

Retail investors are buying around 40 billion won and institutions around 100 billion won, while foreigners are selling 150 billion won.

While biotech and robotics stocks are seeing sharp gains, secondary battery-related stocks are showing weakness.

The won-dollar exchange rate is fluctuating around the 1,430 won range.

(Video by Park Ji-in)
※ Please note: This article was translated by AI and may contain errors.