Seoul: The KOSPI 200 index witnessed a significant downturn, with most major stocks closing in the red. The latest data indicates substantial declines across various sectors, reflecting a challenging trading session. According to Yonhap News Agency, Hyundai Steel experienced a drop, closing at 21,450, down 350 points. Korean Air Lines (KAL) faced a significant decline, ending at 24,750, with a decrease of 900 points. Similarly, Hyundai WIA closed at 39,650, down by 900 points. HD Hyundai Mipo saw a reduction of 1,200 points, closing at 122,600, while OCI Holdings decreased by 1,000 points, settling at 60,200. The report highlights that LS Electric and LG Innotek were among the key decliners, with LS Electric closing at 153,200, a decrease of 2,900 points, and LG Innotek dropping 2,800 points to close at 162,200. Meanwhile, KEPCO KPS and Daewoong Pharm also faced substantial losses, with KEPCO KPS plummeting by 4,750 points to 43,850, and Daewoong Pharm decreasing by 4,200 points to 124,300. In contrast, Ko rZinc marked a notable increase, closing at 1,671,000, up by 129,000 points. Hanwha Solutions and Coway also registered gains, ending at 17,510 and 70,600, up by 250 and 1,200 points, respectively. The chemical sector saw Daesang rise by 200 points, closing at 20,700, and L and F increase by 100 points, finishing at 97,400. The trading day was marked by declines in several other significant stocks, including Lotte Chemical Corp, which fell 1,500 points to 62,900, and Samsung SDS, which decreased by 1,500 points to 136,500. In the finance sector, Shinhan Group dropped 3,700 points to close at 52,700. Overall, the market saw widespread declines, with few exceptions in gains, indicating investor caution amid uncertain market conditions.