SEOUL — The South Korean stock market experienced a mixed day of trading, with LG Chem leading gains while other companies faced declines.
According to Yonhap News Agency, LG Chem stood out with a substantial increase, closing at 455,500 won, up 24,500 won. Other gainers included NAVER, which rose by 3,100 won to end at 190,800 won, and Kakao, up by 950 won to 38,550 won.
However, SAMSUNG LIFE and LG Uplus were among the decliners, with SAMSUNG LIFE dropping 2,600 won to 70,100 won and LG Uplus down 70 won to 10,230 won. Similarly, KT&G saw a decrease of 200 won to finish at 87,000 won.
In the insurance sector, SamsungF&MIns reported a loss, closing down 6,500 won to 253,500 won, while AMOREPACIFIC in the cosmetics field also fell, ending the day at 130,800 won, down by 3,900 won.
On the flip side, LG Display and HANALL BIOPHARMA posted gains. LG Display increased by 450 won to 12,700 won, and HANALL BIOPHARMA jumped 2,200 won to 31,900 won.
The energy sector showed volatility as Kogas declined by 100 won to 22,800 won, while POSCO INTERNATIONAL rose by 1,600 won to 53,400 won.
Financial institutions exhibited a varied performance with Shinhan Group down 500 won to 34,500 won, while KIWOOM secured an increase of 1,100 won to 82,900 won.
The electronics and technology sectors presented a mixed bag, with LG ELECTRONICS decreasing by 600 won to 99,700 won and Celltrion marginally increasing by 400 won to 149,800 won.
The market's diverse outcomes underscore the complex dynamics influencing the current economic environment in South Korea.