Seoul: The KOSPI 200 index witnessed significant declines in the closing prices of major companies, affecting a wide range of industries. KumhoPetrochem closed at 119,100, down by 8,000, while HYUNDAI WIA saw a reduction of 7,900, closing at 72,100. Hanmi Science and Hanssem also experienced drops, ending at 28,450 and 28,550, respectively.
According to Yonhap News Agency, the financial sector was not immune to the downturn. WooriFinancialGroup's stock fell by 2,350, closing at 28,850, while DB INSURANCE ended at 136,200, down by 6,200. Samsung Life also saw a substantial decrease, with a closing price of 375,500, down by 37,000.
The energy sector reported declines as well, with LG Energy Solution finishing at 388,500, a drop of 25,500, and S-Oil at 108,500, down by 4,300. KEPCO E and C closed at 115,300, decreasing by 12,000.
In the industrial sector, HYOSUNG HEAVY's stock plunged by 184,000, closing at 3,196,000. POSCO Holdings and Hanchem both saw significant drops, closing at 359,000 and 230,000, respectively.
Retail and consumer goods companies also faced declines. Shinsegae's stock decreased by 78,000, closing at 572,000, while GS Retail saw a drop of 1,150, ending at 22,850. Nongshim closed at 369,500, down by 4,000.
Technology and chemical companies were not spared, with LG CNS closing at 106,500, down by 11,000, and YoulchonChem ending at 16,050, a decrease of 1,450. ISUPETASYS saw a decline of 15,200, closing at 105,700.
Overall, the KOSPI 200 index reflected a widespread downturn across its listed companies, with significant impacts seen in key sectors including finance, energy, industry, retail, and technology.