The domestic stock market entered a correction phase early in the session on the 2nd. Following a recent strong uptrend, profit-taking volumes have emerged, causing major indices to weaken across the board.

KOSPI and KOSDAQ Index Trends That morning, the KOSPI 200 index recorded 8,667.82, down 120.76 points (1.37%) from the previous trading day. The KOSPI 200 futures also fell 1.12% to 1,384.23. During this process, major large-cap stocks such as Hyundai Motor, LG Electronics, and SK Hynix also showed volatility.

The KOSDAQ index showed a relatively sharp decline, plunging 33.58 points (3.20%) to 1,016.45. Sell-offs centered on growth stocks and theme stocks that recently surged are causing investor sentiment to shrink.

Supply and Demand Trends and Market Interpretation In terms of supply and demand, foreign investors' selling of KOSPI spot stocks acted as a burden on the market. Foreign investors net sold 1.5698 trillion won worth of shares in the KOSPI market that day. On the other hand, individuals and institutions net bought 1.1776 trillion won and 395.1 billion won, respectively, absorbing the sell-off.

However, a different scene unfolded in the futures market. Foreign investors recorded a net purchase of 403 billion won in the futures market. The market interprets this supply and demand structure—where spot selling and futures buying occur simultaneously—as a reflection of short-term position and portfolio adjustments rather than a simple avoidance of risk assets.

With the stock market having surged in the short term, increasing the desire for profit realization, the prevailing view is that foreign investors' spot selling has added pressure to the index decline. In particular, the KOSDAQ market is experiencing an even stronger intensity of sell-offs, given its recent large gains.

[※ This article was written for the purpose of providing investment information, and the investment decision and responsibility lie with the investor. AI was partially used in the writing process of this article.]