U.S. mutual tariffs, short selling fall by 1% ahead of resumption

사진 확대

The local stock market fell nearly 2% as vigilance grew ahead of the resumption of short selling and the announcement of mutual tariffs by the U.S. The KOSPI gave up 2,600 points from the beginning of the market, and the KOSDAQ index also collapsed 700 points.

On the 28th, the KOSPI closed at 2557.98, down 49.17 points (1.89%) from the previous day.

The index started at 2592.63, down 14.52 points (0.56%) from the previous day, and plunged to the 2% range during the day.

In the stock market, foreign investors sold a net 642.3 billion won, dragging down the index. Individuals and institutions had a buying advantage of 541.4 billion won and 2.9 billion won, respectively.

Last night, the New York Stock Exchange fell all at once as the fighting spirit worsened after U.S. President Donald Trump's announcement of auto tariffs. On the New York Stock Exchange (NYSE) on the 27th (local time), the Dow Jones Industrial Average fell 0.37% from the previous day to 42,299.70. The S&P 500 Index and Nasdaq Composite Index closed down 0.33% and 0.53%, respectively.

Lee Kyung-min, a researcher at Daishin Securities, said, "The automobile and AI semiconductor sectors continued to remain sluggish the previous day amid growing uncertainties and weakened investor sentiment after the tariff announcement. The Japanese stock market, which reflects concerns about damage to the automobile industry, and Taiwan and domestic stock markets, which have a high proportion of the semiconductor sector, are sluggish all at once."

By industry, metal (-4.21%), securities (-2.49%), electricity and electronics (-2.48%), transportation and warehousing (2.44%), and transportation equipment and parts (-2.43%) fell, while food and tobacco (0.16%) rose.

All of the top 10 stocks in KOSPI's market capitalization were lit up with blue lights. Samsung Electronics (-2.59%), SK Hynix (-3.72%), LG Energy Solution (-0.14%), Samsung Biologics (-0.94%), Hyundai Motor (-3.53%), Celltrion (-2.26%), Kia (-2.66%), KB Financial (-1.87%), Naver (-1.57%), and Hanwha Aerospace (-4.98%) also fell.

The KOSDAQ index also closed at 693.76, down 13.73 points (1.94 percent) from the previous day.

In the KOSDAQ market, foreigners and institutions sold a net 116.2 billion won and 4 billion won, respectively, while individuals had a buying advantage of 119.6 billion won.

Top 10 KOSDAQ stocks were mixed. EcoPro BM (-4.34%), EcoPro (-2.41%), HLB (-2.39%), Rainbow Robotics (-2.01%), Samcheongdang Pharmaceutical (-6.11%), and Kolon TissueGene (-1.43%) fell. On the other hand, Alteogen (0.14 percent), Hugel (1.06 percent), Clashes (2.28 percent), and PharmaResearch (1.66 percent) rose.

As of 3:30 p.m., the won fell 1.2 won from the previous day to 1465.5 won in the Seoul foreign exchange market.