Menu Content
Go Top

Economy

Profit-Taking Ends KOSPI’s 3-Day Climb

Written: 2025-05-15 17:14:45Updated: 2025-05-15 17:41:17

Profit-Taking Ends KOSPI’s 3-Day Climb

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) snapped a three-day market rally as investors locked in gains with tariff concerns easing.

The KOSPI lost 19-point-21 points, or zero-point-73 percent, Thursday to close at two-thousand-621-point-36.

The index’s rise was fueled by optimism over a fresh U.S.-China trade deal, but lost steam Thursday as profit-taking weighed on the market, pushing most major shares lower.
 
Chipmakers were among the hardest hit as Samsung Electronics slipped zero-point-17 percent and SK hynix tumbled two-point-67 percent, while in other industries, Hyundai Motor lost two-point-13 percent and Nongshim dipped one-point-66 percent.

The tech-heavy KOSDAQ dropped five-point-82 points, or zero-point-79 percent, to close at 733-point-23.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >