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%.
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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.
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