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[Apha Biz=(Chicago) Reporter Paul Lee] On the 19th, Samsung Electronics closed at 69,800 won, down 0.57% from the previous trading day.
Stock prices rose 0.85% at the beginning of the market to 70,800 won, but soon turned weak.
It is the first time in 13 trading days that Samsung Electronics has formed a closing price below KRW 70,000 since the 31st of last month (KRW 66,900).
The KOSPI fell for the second straight day on the 19th, waiting for the US Federal Open Market Committee (FOMC) meeting amid a massive sale by institutions.
The closing price of the KOSPI was 2,559.21, down 15.51 points (0.60%) from the previous day.
The index opened at 2,579.36, up 4.64 points (0.18%) from the previous day, but gradually expanded its fall after reversing the decline.
In the stock market, institutions and foreigners dragged down the index by net selling 385.4 billion won and 1.3 billion won worth of stocks, respectively.
On the other hand, individuals bought 360.7 billion won worth of stocks in kind.
On the Seoul foreign exchange market, the won/dollar exchange rate closed at 1,328.5 won, up 4.1 won from the previous trading day's close.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
