Seoul:The KOSPI 200 index experienced a widespread decline as numerous companies recorded lower closing prices. Notable decreases were observed across various sectors, reflecting a challenging day for the South Korean stock market.
According to Yonhap News Agency, NC Corp saw its shares fall by 2,500 to close at 211,500, while Kiwoom Securities dropped 7,000 to 216,500. TKG Huchems and JB Financial Group also faced declines, closing at 15,180 and 26,100, respectively.
Daewoong Pharmaceutical's shares decreased by 2,500, ending at 102,900, and Shinhan Group closed at 90,300, down by 1,400. Hyundai Department Store Group recorded a decline of 2,000, closing at 76,400. LIG Defense and Aerospace saw a significant drop of 15,500, closing at 48,300.
Other significant movements included GS, which fell by 2,900 to 88,100, and KIH, which decreased by 4,200 to 147,400. Hyundai Rotem ended the day at 85,500, down by 3,100, while Sanil Electric and L and F experienced declines of 7,100 and 8,000, respectively.
In contrast, LG CNS was one of the few to see an uptick, with its shares rising by 600 to close at 72,900. However, the overall trend for the index was negative, with major companies such as LGChem and SK Innovation experiencing significant drops of 17,500 and 12,600, respectively.