[Opening Market] KOSPI Fluctuates Around 6,900 Early in The Session
On the morning of Aug. 21, the domestic stock market is showing expanded volatility in early trading as simultaneous selling by foreigners and institutions tightly pushes against buying by individuals.As of 9:50 a.m. on this day, the KOSPI index successfully turned upward compared to the previous tr
On August 21, the KOSPI stock market experienced heightened volatility during early trading as foreign and institutional selling pressured the index, but individual buying helped the KOSPI rebound around 6,900 points. Foreign investors showed a net selling dominance of over 1.7 trillion won, while institutional investors sold in the range of 480 billion won to 560 billion won.
In contrast, individual investors recorded a net buying trend exceeding 2.2 trillion won, supporting the market's upward momentum. Major semiconductor stocks like Samsung Electronics and SK hynix attempted to rebound during trading, with Samsung Electronics trading in the low 270,000 won range, up around 1% from the previous day, and SK hynix up more than 4% to aim for the 1,700,000 won range.
The won/dollar exchange rate traded in the high 1,390 won range, supported by strong semiconductor export performance and favorable interest rate outlook from the U.S. Federal Reserve, while foreigners' net selling trend limited further exchange rate declines.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
