TechFlow News, March 20: In the late morning session, the Korean stock market pared earlier gains as major technology stocks turned negative amid foreign investor selling. Foreign investors net sold ₩12.6 trillion (approximately $842 million), causing the KOSPI index to retreat from its earlier gains.
Retail and institutional investors net bought ₩7.464 trillion and ₩5.248 trillion worth of Korean stocks, respectively. Leading stocks declined: Samsung Electronics fell 0.25%, and SK Hynix dropped 0.2%. Battery manufacturer LG Energy Solution rose 0.94%, while Doosan Enerbility gained 3.29%. Biotech and financial stocks advanced. Meanwhile, AI investment firm SK Square declined 1.8%, and defense giant Hanwha Aerospace fell 4.73%. Major shipbuilder Hyundai Heavy Industries dipped 0.71%, and Samsung Electro-Mechanics slid 2.71%. (Jinshi)
