BlockBeats News, July 23rd. According to data from a South Korean exchange on July 23rd, foreign investors net bought ₩2.6211 trillion on the mainboard market in South Korea the previous day, reaching the highest level in nearly two months. With the support of foreign buying, the KOSPI index re-surpassed the 7,000 point mark during the day after four trading days and triggered the 20th circuit breaker this year. However, in the afternoon, institutions and individual investors took profits, causing the index to give up most of its gains, ending up only 0.74% at 6,797.70 points.

Future Asset Securities researcher Kim Sik-Hwan stated that despite the significant net buying by foreign investors, individual investors and financial institutions concentrated on selling semiconductor heavyweights to lock in profits, leading to a significant narrowing of the index's gains. On that day, individual investors and institutional investors net sold ₩1.2177 trillion and ₩1.3961 trillion, respectively.