Seoul: The KOSPI 200, South Korea’s benchmark stock index, witnessed a day of mixed results with several major companies experiencing declines while others posted gains. Among the notable declines were SLCORP, which saw its stock price drop by 2,100 points to 33,200, Yuhan which decreased by 4,700 points to 153,800, and Samsung SDI Co., Ltd., which fell by 6,000 points to 334,000.
According to Yonhap News Agency, the market showed a diverse range of performances across different sectors. For instance, GS E and C rose by 580 points to 19,020, marking a significant gain. Similarly, S-Oil and Samsung Heavy Industries also posted modest gains, with their stock prices increasing by 100 and 190 points respectively. LS Electric notably surged by 2,900 points to 157,200.
The declines in stock prices were prominent in several sectors with KorZinc recording a substantial drop of 15,000 points, closing at 794,000. LOTTE Chemical Corp also faced a downturn, with its stock price reducing by 3,000 points to 88,800. Other
companies like LG Innotek and Hyundai WIA saw decreases of 900 and 2,000 points respectively.
In contrast, some companies managed to buck the trend with positive outcomes. HD Hyundai Mipo Dockyard notably went up by 7,300 points to 109,700, and Hanchem increased by 4,300 points to 125,800. Smaller gains were seen in companies like HMM, LOTTE SHOPPING, and COWAY, which experienced increases of 90, 700, and 100 points respectively.
The day’s trading showed a clear division between winners and losers, indicating a volatile session for the KOSPI 200. Analysts suggest that the mixed results reflect ongoing market uncertainties and sector-specific challenges. Investors are advised to keep a close watch on market trends and company performances in the upcoming trading sessions.