South Korean stocks close at 3,200... Disappointed individual selling may have surged

With the release of US inflation indicators and the approaching deadline for the US-China "tariff truce," investors are feeling increasingly cautious, and the Korean Composite Stock Price Index (KOSPI) fell slightly to the 3,200-point range on the 11th.
On the 11th, the KOSPI closed at 3,206.77, down 3.24 points (0.10%) from the previous day. The index rose 10.71 points (0.33%) to 3,220.
The won-dollar exchange rate in Seoul was trading at 1,388.0 won, down 1.6 won from the previous day.
In the securities market, individual investors sold 140.6 billion won and institutional investors sold 216 billion won, putting downward pressure on the market. Meanwhile, foreign investors bought 220.2 billion won.
However, foreign investors sold 211.4 billion won in the KOSPI 200 futures market.
The Korean stock market announced on the 12th, without following the trend of the previous day's rise in US stocks.
With the July US Consumer Price Index (CPI) due to be released and the deadline for the US-China tariff truce approaching, a wait-and-see mood prevailed. The US and China agreed to a 90-day tariff reduction and truce during the Geneva negotiations in May this year.
However, it is unclear whether the extension will be made, and so the market is paying close attention to this. In addition, the debate over the tax reform bill for the domestic stock market is ongoing, and investors are worried about the deadline for the legislative teaser on the 14th.
Lee Kyung-min, a researcher at Daishin Securities, said, "With the CPI announcement and the deadline for US-China tariffs looming, a wait-and-see mood was prevalent overall."
"The lack of a conclusion on the major shareholder criteria for the transfer tax led to disappointed selling by individual investors," he explained. Among the top stocks by market capitalization, Samsung Electronics fell 1.11%.
Also contributing to this were shipbuilding stocks such as Hanwha Ocean (-9.09%) and Hyundai Heavy Industries (-0.54%), as well as Hanwha Aerospace (-0.11%) and Kia (-0.29%).
), KB Financial (-0.70%), etc. are also falling. On the other hand, SK Hynix (4.09%) has risen sharply and recovered to the 260,000 won range. BH (2.94%), LG Innotek (
Apple-related stocks such as Samsung Electronics (3.45%), Samsung Biologics (0.98%), and Doosan Energy (4.52%) rose.
The news that Chinese battery company CATL has temporarily suspended production at its lithium mines has led to a surge in oversupply.
Secondary battery-related stocks such as LG Energy Solutions (2.77%) and POSCO Holdings (3.72%) were also bought on expectations of consumption.
By industry, securities (-2.08%), transportation and warehousing (-1.81%), and chemicals (-1.51%) fell, while machinery and equipment (2.7%)
The KOSDAQ index of the Korean emerging market rose 2.58 points (0.32%) from the previous day to close at 811.85. The index was 1.24
The index opened at 810.51, up 0.15% (points), but fell temporarily before rebounding. In the KOSDAQ market, foreign investors and institutional investors each invested 53 billion yen.
The Korean stock market saw net purchases of 41.9 billion won, while individual investors sold 96.7 billion won.
Search (2.41%), ABL Bio (4.03%), Reno Industries (1.19%) and others rose. YG Entertainment (11.91%) in particular was boosted by the securities company's favorable earnings outlook.
Other entertainment stocks such as JYP Entertainment (4.14%) and SM (5.06%) also performed well.
Meanwhile, Peptrun (-0.50%), Regachem Bio (-0.07%), HLB (-4.23%), and Hugel (-2.
The trading volume of the securities market and KOSDAQ market on that day was 10.322 trillion won and 5.28 trillion won, respectively.
The total trading volume for the pre-market and regular markets of Nextrade, an alternative exchange, was calculated to be 7.33 trillion won.