▲ Employees work at the dealing room of Hana Bank in Jung-gu, Seoul, on the 10th.
The KOSPI, which rebounded sharply yesterday to reclaim the 8,000-point mark, is back in decline today (the 10th), falling below the "8,000-point" threshold.
As of 9:17 a.m. today, the KOSPI is at 7,940.39, down 156.54 points (1.93%) from the previous trading day.
The index opened at 7,899.77, down 197.16 points (2.43%) from the previous close, and briefly dipped to 7,858.98 in early trading.
The index is currently maintaining a decline of 1 to 2 percent during the session.
In the Seoul foreign exchange market, the won-dollar exchange rate opened at 1,525.0 won, up 12.9 won from the previous close.
Institutional and foreign investors are the primary drivers behind the index's decline.
In the KOSPI market, institutions are net sellers, offloading 19.5 billion won worth of shares.
Foreigners are also net sellers, offloading 596.9 billion won, marking their 23rd consecutive trading day of selling since the 7th of last month.
Conversely, individual investors are net buyers, purchasing 587.7 billion won worth of shares.
In the KOSPI 200 futures market, individual and foreign investors are net sellers of 74.6 billion won and 108 billion won, respectively.
Institutions are net buyers of 183.9 billion won.
Overnight, volatility in the New York stock market increased as concerns over Middle East tensions and valuation burdens on artificial intelligence (AI)-related tech stocks resurfaced.
The three major indices closed mixed.
The Dow Jones Industrial Average rose 0.17% from the previous session, while the S&P 500 and the tech-heavy Nasdaq Composite closed down 0.26% and 0.97%, respectively.
Seo Sang-young, an analyst at Mirae Asset Securities, noted, "The U.S. stock market saw selling pressure, particularly in the semiconductor sector, following news that Crusoe, a large-scale data center developer, halted its project development."
Market sentiment was also dampened by U.S. President Donald Trump’s suggestion of a strong response after claiming that Iran shot down a U.S. military Apache helicopter patrolling the Strait of Hormuz.
However, toward the end of the session, the market showed signs of stabilizing as investors focused on President Trump’s remarks that U.S.-Iran negotiations were imminent.
Han Ji-young, an analyst at Kiwoom Securities, analyzed, "Despite the reduction in losses during the U.S. session and news that international oil prices fell below $90 due to expectations for U.S.-Iran negotiations, both upward and downward factors will likely coexist, including short-term profit-taking following yesterday's 8% surge."
While the two major domestic semiconductor leaders are falling, they are maintaining their "300,000-won Samsung Electronics" and "200,000-won SK Hynix" titles.
At the same time, the KOSDAQ index is at 970.55, up 2.74 points (0.28%).
The index opened at 958.58, down 9.23 points (0.95%) today, but turned upward in early trading and is maintaining its gains.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.