{
  "id": 19631578,
  "title": "[Closing Market] KOSPI Falls Slightly to Mid-5,340 Range on Institutional Selling",
  "url": "https://urgent.news/2026/11/12/closing-market-kospi-falls-slightly-to-mid-5-340-range-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T09:46:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=281167"
  },
  "original_language": "en",
  "account": "The KOSPI stock index fell slightly to the mid-5,340 range on November 12, 2021, due to institutional selling and profit-taking from investors facing the November options expiration day. Despite a tech stock rebound in the U.S., the KOSPI dropped to 5,342.73, down 0.61% from the previous day. The KOSDAQ index also declined to 696.53, a 1.22% drop from the prior day, failing to reach the 700 mark. Foreigners continued to net purchase 370.5 billion won, while institutions net sold 691.1 billion won. Large-cap stocks like Samsung Electronics and SK hynix faced profit-taking pressure, while smaller-cap companies such as Samsung Biologics and Celltrion saw a rise in value. The won/dollar exchange rate remained stable in the 1,330 won range, with no significant fluctuations.",
  "summary": "The domestic stock market on Nov. 12 eventually closed weak, as fatigue from the recent steep short-term rise and a flood of profit-taking volume from institutions facing the November options expiration day outweighed the tailwind of a tech stock rebound in the U.S. New York stock market. The KOSPI",
  "key_points": [
    "KOSPI index fell to mid-5,340 range on November 12, 2021",
    "Institutional selling and profit-taking caused the decline",
    "KOSDAQ index also dropped to 696.53, 1.22% from previous day"
  ],
  "editors_take": "Institutional profit-taking during the options expiration day offsets foreign buying, signaling a period of volatility where large-cap tech stocks face selling pressure despite positive momentum from overseas markets.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}