Written by 12:20 PM Economics

The KOSDAQ falls below the 600 mark, reaching a yearly low… KOSPI turns downward.

The KOSDAQ index fell below the 660 level, marking the lowest point of the year during intraday trading. The KOSDAQ started at 670.70, down 0.04%, and further declined to 658.35 at one point. Foreign investors are leading the decline by net selling, while individual and institutional investors are net buying.

In the KOSPI market, the index started at 2,451.60, up 0.40%, but turned downward during the trading session. Although institutions are net buying, foreign and individual investors are net selling.

The won-dollar exchange rate rose to 1,419.5 overnight but then reversed to 1,416.1 as of 10 AM.

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