KOSPI and KOSDAQ end of decline… LG Ensol fell 7% to set new lows [마감시황]

Bank stocks such as KB Financial Group rise ahead of US FOMC… HMM 4%↑
Celltrion’s three brothers, who were accused of ‘intentional accounting fraud’, strengthened together
T-Flex ranked No. 1 in KOSDAQ growth rate, Rongtu Korea ranked No. 1 in decline

On the 14th, the KOSPI closed at 2645.65, down 15.63 points (0.59%) from the previous day. [중앙포토]

On the 14th, the KOSPI closed at 2645.65, down 15.63 points (0.59%) from the previous day. By investor, individuals bought 625.1 billion won and institutions bought 5 billion won. On the other hand, foreigners sold 639.1 billion won.

The top items by market cap were mixed. Semiconductor giant Samsung Electronics rebounded 0.29%, while SK Hynix fell 0.85%. In particular, the decline of LG Energy Solutions was remarkable. LG Ensol plummeted by more than 7%, falling to the lowest price since listing (363,500 won). This is interpreted as a worsening of two-heartedness due to concerns regarding short selling and the rise in raw material prices for secondary batteries such as nickel.

Most of the banking stocks closed higher ahead of external events such as the US Federal Open Market Committee (FOMC) to be held on the 15th and 16th of this month. KB Financial Group rose 1.45%, Shinhan Financial Group increased 0.80%, Woori Financial Group rose 1.42%, and Kakao Bank rose 1.84%, while Hana Financial Group fell 0.32% alone. Other major shipping stocks, HMM (4.55%), and telecom stocks SK Telecom (3.85%) and KT (2.18%), also known as defense stocks, rose.

The stocks that rose the most in the KOSPI market today were KB Inverse 2X Hang Seng Tech Futures ETN and Samsung Inverse 2X Hang Seng Tech ETN (H). On the other hand, TIGER, a mix of defensive bonds and Shinpoong Pharmaceutical were listed in the stocks that fell the most.

The KOSDAQ index closed at 872.44, down 19.27 points (2.16%) from the previous day. Individuals made a net purchase of 506.1 billion won. On the other hand, foreigners net sold 333 billion won and institutions net sold 153.2 billion won, respectively.

Most of the top items by market cap turned on the blue light. Domestic secondary battery stocks also closed lower in the followingmath of US electric vehicle makers’ stock prices weakening in the New York Stock Exchange last night. EcoproBM fell 5.70% and L&F fell 8.56%. Game stocks also showed a downward trend. Pearl Abyss (0.51%), Kakao Games (2.14%), and Wemade (5.59%) each fell out.

On the other hand, the three Celltrion brothers soared. Celltrion Healthcare rose 5.11%, Celltrion Pharm rose 6.09%, and KOSPI-listed Celltrion rose 4.34%, respectively. This is thanks to the fact that Celltrion Group was acquitted of ‘intentional accounting fraud’ following regarding four years of investigation and arguing with the financial authorities. Earlier, at the 7th extraordinary meeting of the Securities and Futures Commission under the Financial Services Commission (FSC) on the 11th, Celltrion, Celltrion Healthcare, and Celltrion Pharm. It was judged that this was not an intentional accounting fraud.

The stocks that rose the most on the KOSDAQ on that day were Tplex (19.55%) and Gene Matrix (15.89%). On the other hand, Longtu Korea (-23.16%) and Mezion (-22.02%) were selected as the stocks that fell the most.

Reporter Dawon Hong [email protected]



Leave a Replay