SEOUL: The KOSPI 200 index witnessed a significant downturn in its latest trading session, with several major stocks reporting declines. The index reflected a general trend of diminishing values among key players, notably in the technology and gaming sectors. Companies like NAVER, Kakao, and Samsung Biologics saw substantial drops, contributing to the index’s overall decline.
According to Yonhap News Agency, NAVER experienced a decrease of 5,600 won, bringing its closing price to 171,200 won. Similarly, Kakao’s stock dropped by 2,050 won to settle at 37,350 won. The biotechnology giant Samsung Biologics also faced a significant dip, with its shares decreasing by 32,000 won, closing at 1,059,000 won. Other notable declines included NCsoft, which fell by 4,200 won to a closing price of 196,300 won, and SK hynix, which dropped by 3,100 won to 187,800 won.
Despite the widespread decline, some companies managed to post gains. KT and G rose by 1,300 won to reach 107,900 won, while COSMAX and KIWOOM saw increases
of 200 won and 1,100 won, closing at 144,500 won and 137,200 won, respectively. In the construction and solutions sectors, HD Hyundai Infracore and Hanwha recorded slight gains, closing at 7,530 won and 27,850 won.
The session also saw some stocks remain unchanged, including DoubleUGames at 50,800 won and HANJINKAL at 93,100 won. Overall, the trading session highlighted a challenging environment for many firms within the KOSPI 200 index, as investors navigated a volatile market landscape.