Seoul: The KOSPI 200 index saw a significant uptick on Tuesday, with numerous stocks closing higher amid a market rally on the Korea Stock Exchange. Leading the charge were shares of Hyundai Motor and SK, which both posted notable increases.
According to Yonhap News Agency, Hyundai Motor's shares soared by 18,000 KRW, closing at 525,000 KRW. SK also experienced a strong performance, with its stock price climbing by 22,000 KRW to settle at 351,000 KRW. Other significant gainers included Samsung Electronics, which rose by 14,400 KRW to close at 187,900 KRW, and Doosan, which increased by 73,000 KRW, reaching a closing price of 1,053,000 KRW.
In the financial sector, DB Insurance and Samsung Fire and Marine Insurance both saw increases, with their shares rising by 3,500 KRW and 14,000 KRW, closing at 183,500 KRW and 488,500 KRW, respectively. LS Corp and Hanchem also posted gains, each up by 12,500 KRW, closing at 243,000 KRW and 296,500 KRW.
Among the top performers were also Samsung Life and Samsung C and T, with their shares increasing by 11,000 KRW and 2,500 KRW, finishing at 211,500 KRW and 273,000 KRW. Meanwhile, HD Hyundai Heavy Industries saw a rise of 7,000 KRW, closing at 583,000 KRW.
Despite the overall positive trend, some stocks experienced declines. Hitejinro's shares fell by 110 KRW to close at 16,510 KRW, while Kogas saw a decrease of 200 KRW, ending at 36,100 KRW. Samsung Engineering and Architecture also witnessed a drop, with its shares down by 1,650 KRW to close at 31,250 KRW.
The day's trading reflects a positive sentiment across a wide range of sectors, with many stocks closing on an upward trajectory.