Seoul – The main Korea Stock Exchange witnessed a general downturn in the closing prices of KOSPI 200 stocks on Tuesday. Several major firms saw significant drops, reflecting broader market pressures.
According to Yonhap News Agency, LG Innotek led the declines with a decrease of 8,000 KRW, followed closely by HDKSOE, which fell by 6,400 KRW. Samsung Electronics Mechanics and LOTTE CHEMICAL Corp also experienced substantial losses, down by 3,500 KRW and 5,100 KRW, respectively. LG Energy Solution and Samsung Fire & Marine Insurance were not far behind, decreasing by 7,000 KRW and 7,500 KRW.
Despite the overall downward trend, a few companies managed slight gains. Youngone Holdings saw an increase of 400 KRW, while Hanssem and F&F rose by 500 KRW and 100 KRW, respectively. Daesang also reported an upturn, closing 460 KRW higher than its opening price.
This mixed performance underscores the current volatility in the South Korean stock market, with investors responding to various economic signals and sector-specific developments.