South Korea's stock market fell more than 4.5% to break 6300 points

On August 6, the Korea Composite Stock Price Index (KOSPI) plunged more than 4.5% today to the 6200-point range. Against the backdrop of weak performance of Wall Street technology stocks overnight, foreign and institutional investors sold simultaneously, putting significant pressure on the index. On the same day, the KOSPI index closed at 6,296.38 points, down 301.88 points or 4.58% from the previous trading day. Foreign investment has continued to sell net since the beginning of the opening, with net sales reaching 3.9781 trillion won that day. Institutional investors also sold a net of 235.7 billion won. Individual investors bought a net of 4.1062 trillion won, taking on market selling pressure, but it was still not enough to prevent the index from falling. Semiconductor stocks were directly affected. Samsung Electronics fell 6.30% from the previous trading day, and SK Hynix fell 10.37%. In contrast, the performance of major secondary battery companies is relatively strong. LG New Energy rose 2.83%, closing at 345,000 won. Posco rose 0.63% to close at 319,000 won.