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[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Holdings and POSCO Future M, which had been hitting record highs day after day, ended lower after an unpredictable market, taking a sudden plunge and then rising again.
On the 26th, POSCO Holdings closed at 630,000 won, down 28,000 won (4.26%) from the previous day.
POSCO Holdings jumped 11% to 764,000 won at the beginning of the day. However, after a sudden decline in the afternoon, it fell to 599,000 won. Compared to the high point, it changed 21.59% during the day.
POSCO Future M is in a similar situation. POSCO Future M rose more than 16% to 694,000 won on the same day, but fell to 523,000 won in the afternoon. POSCO Future M is also up and down 24.64% compared to its high point.
Initially, POSCO Group's stock price was able to jump based on strong "belief" from individual investors. Individual investors have net bought POSCO Holdings and POSCO Future M this year at 8.6669 trillion won and 445.3 billion won, respectively.
The agency sold POSCO Holdings and POSCO FutureM 73.7 billion won and 8 billion won, respectively.
Earlier, foreign investors sold a total of 3.6312 trillion won worth of POSCO Holdings for 10 consecutive trading days from the 13th to this day. POSCO Future M has thrown a total of 123.7 billion won for three consecutive trading days since the 24th.
Meanwhile, POSCO International closed at 85,100 won, up 10,700 won (14.28%) from the previous day. POSCO International rose 29.97% to 96,700 won at the beginning of the day.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
