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According to reports, the Korea Composite Stock Price Index once fell below the 7,000 mark during the intraday period, triggering the 7th fusing mechanism this year. As geopolitical tension between the US and Iran once again heated up, foreign and institutional investors sold stocks in large numbers, causing the index to drop sharply. This is the first time in almost two months since May 4 that KOSPI has fallen below 7,000 points in trading. According to the data, foreign investors and institutional investors led the decline and led the sell-off. Net sales of foreign investors were 2.23 trillion won, while net sales of institutional investors were about 570 billion won, while net purchases of individual investors were close to 2.7 trillion won. Among institutional investors, the National Pension Fund made net purchases of about 220 billion won. Recently, the South Korean stock market has fluctuated violently, sometimes soaring and sometimes plummeting. Today's morning trading once triggered the 18th “suspension of programmatic trading mechanism” this year, and the fusing mechanism was even initiated in the afternoon. Since this year, the Korean stock market has experienced a total of 17 buyer-triggered “sidecar” operations and 18 seller-triggered “sidecar” operations, for a total of 35.
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According to reports, the Korea Composite Stock Price Index once fell below the 7,000 mark during the intraday period, triggering the 7th fusing mechanism this year. As geopolitical tension between the US and Iran once again heated up, foreign and institutional investors sold stocks in large numbers, causing the index to drop sharply. This is the first time in almost two months since May 4 that KOSPI has fallen below 7,000 points in trading. According to the data, foreign investors and institutional investors led the decline and led the sell-off. Net sales of foreign investors were 2.23 trillion won, while net sales of institutional investors were about 570 billion won, while net purchases of individual investors were close to 2.7 trillion won. Among institutional investors, the National Pension Fund made net purchases of about 220 billion won. Recently, the South Korean stock market has fluctuated violently, sometimes soaring and sometimes plummeting. Today's morning trading once triggered the 18th “suspension of programmatic trading mechanism” this year, and the fusing mechanism was even initiated in the afternoon. Since this year, the Korean stock market has experienced a total of 17 buyer-triggered “sidecar” operations and 18 seller-triggered “sidecar” operations, for a total of 35.
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