The KOSPI index gave up the 2,650 level in trading today, closing at 2645.27, down 9.31 points or 0.35%. Some profit taking after a 10.27% rise year-to-date could be expected, with the U.S. markets sell-off into the end of last week filtering through into some of the top Korean tech stocks.
Within the top 10 companies on the KOSPI, LG Energy Solution (KRX: 373220) increased by 1.85%, Naver (KRX: 035420) improved by 0.66%, and Hyundai Motor (KRX: 005380) saw a rise of 0.49%.
On the other end of the scale, the two largest cap firms on the index fell, with SK Hynix (KRX: 000660) down by 2.15%, and Samsung Electronics (KRX: 005930) by 1.55%.
Top performers among the KOSDAQ's leading companies included HLB, which saw a 7.58% increase, Sam Chun Dang Pharm (KOSDAQ: 000250) rising by 3.95%, and EcoPro BM (KOSDAQ: 247540) increasing by 2.47%.
Additionally, in the foreign exchange market, the KRW-USD exchange rate decreased by 6.9 KRW, ending at 1427.4 KRW.
Searching for the Perfect Broker?
Discover our top-recommended brokers for trading or investing in financial markets. Dive in and test their capabilities with complimentary demo accounts today!
- BlackBull 26,000+ Shares, Options, ETFs, Bonds, and other underlying assets – Read our Review
- Admiral Markets More than 4500 stocks & over 200 ETFs available to invest in – Read our Review
- Hargreaves Lansdown The company's website is easily understandable and accessible to a wide range of customers – Read our Review
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
