April 25, 2024
Market Now
Seoul shares inch down on cautious sentiment
[THE INVESTOR] South Korean shares closed slightly lower after moving between gains and losses. The South Korean currency rose against the US dollar.
The benchmark KOSPI lost 1.33 points, or 0.06 percent, to 2,070.54.
Trade volume came to 523.9 million shares worth 3.9 trillion won (US$3.40 billion), with advancers outnumbering decliners 436 to 345.
Institutions net-purchased 86.1 billion won worth of stocks, while foreigners and individuals sold a net 19 billion won and 69 billion won worth of shares, respectively.
The KOPSI was choppy throughout the session.
Top cap Samsung Electronics dropped 0.05 percent to 1,847,000 won and global chipmaker SK hynix was off 0.91 percent to 48,850 won.
Leading automaker Hyundai Motor advanced 0.33 percent to 154,000 won, while state-run utility firm Korea Electric Power Corp. declined 1.25 percent to 43,600 won.
LG Chem, the country’s top chemicals firm, lost 2.51 percent to 271,500 won and cosmetics maker AmorePacific shed 1.40 percent to 316,000 won.
The South Korean currency closed at 1,166.75 won against the US dollar, up 7.75 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark KOSPI lost 1.33 points, or 0.06 percent, to 2,070.54.
Trade volume came to 523.9 million shares worth 3.9 trillion won (US$3.40 billion), with advancers outnumbering decliners 436 to 345.
Institutions net-purchased 86.1 billion won worth of stocks, while foreigners and individuals sold a net 19 billion won and 69 billion won worth of shares, respectively.
The KOPSI was choppy throughout the session.
Top cap Samsung Electronics dropped 0.05 percent to 1,847,000 won and global chipmaker SK hynix was off 0.91 percent to 48,850 won.
Leading automaker Hyundai Motor advanced 0.33 percent to 154,000 won, while state-run utility firm Korea Electric Power Corp. declined 1.25 percent to 43,600 won.
LG Chem, the country’s top chemicals firm, lost 2.51 percent to 271,500 won and cosmetics maker AmorePacific shed 1.40 percent to 316,000 won.
The South Korean currency closed at 1,166.75 won against the US dollar, up 7.75 won from the previous session’s close.
(theinvestor@heraldcorp.com)
