Seoul: The KOSPI 200 index witnessed a notable downturn with numerous companies recording declines in their closing prices. Among the significant movers, POSCO Holdings and Hyundai Motor experienced substantial drops, contributing to the overall decline in the index.
According to Yonhap News Agency, POSCO Holdings saw a significant decrease of 15,500 KRW, closing at 305,500 KRW. Meanwhile, Hyundai Motor faced a decline of 3,500 KRW, settling at 207,500 KRW. These declines were among the largest within the index, affecting overall market sentiment.
Other companies also recorded decreases in their closing prices. KG Mobility dropped by 35 KRW to close at 3,765 KRW, while LOTTE Fine Chem decreased by 550 KRW, ending at 40,350 KRW. SK Innovation also faced a decline, with its shares closing down by 3,900 KRW at 112,100 KRW.
In contrast, a few companies managed to register gains. POONGSAN rose by 8,800 KRW to close at 164,000 KRW, and Samsung Biologics increased by 2,000 KRW, finishing at 1,033,000 KRW. These upward movements, however, were not enough to offset the broader declines across the index.