[Opening Market] KOSPI Battles for 6,800 as Investors Split
On Aug. 27, the domestic stock market started in a mixed trend following the release of inflation data in the New York stock market, engaging in a fierce battle in early trading. The KOSPI, which successfully rebounded by the 2% range and reclaimed the 6,800 level the previous day supported by insti
On August 27, the domestic KOSPI stock market witnessed a mixed trend after the release of inflation data in the New York stock market, engaging in a fierce battle during early trading. The KOSPI rebounded by around 2% and reclaimed the 6,800 level from the previous day, driven by institutional buying. As of 9:50 a.m., the market remained cautious, with investor sentiment divided based on type.
The won-dollar exchange rate showed a limited upward trend in the 1,380 won range, impacting foreign investor supply and demand. The KOSPI index opened around 6,800 points, slightly varying from the previous trading day's 6,808.21 points. Profit-taking volumes clashed with low-priced buying forces in a tug-of-war. The KOSDAQ index, closing at 826.87 points the previous day, also displayed a sideways trend between 825 and 828 levels.
Institutions adjusted their buying pace, while individual investors showed buying dominance. Foreign investors displayed a selling dominance. The won-dollar exchange rate maintained a mid-1,380 won range, affecting foreign investor supply and demand. Samsung Electronics and SK hynix, key semiconductors, showed slight fluctuations after a strong rebound on the previous day.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
