Menu Content
Go Top

Economy

Stocks End 6-Day Rally on Profit Taking

Written: 2025-10-23 17:27:56Updated: 2025-10-23 17:57:33

Stocks End 6-Day Rally on Profit Taking

Photo : YONHAP News

Seoul shares closed lower Thursday, snapping a six-day record-setting rally, as investors cashed in on recent gains.

The benchmark Korea Composite Stock Price Index(KOSPI) lost 38-point-12 points, or zero-point-98 percent, on Thursday to close at three-thousand-845-point-56.

During intraday trading, the main bourse briefly topped the 39-hundred mark for the first time before retreating as investors took profit.

Most major sectors finished lower.

Semiconductor stocks, which had led recent gains, took a breather. Samsung Electronics and SK hynix fell two-point-13 percent and zero-point-62 percent, respectively.

Automakers retreated, with Hyundai Motor tumbling three-point-45 percent and Kia losing two-point-62 percent.

Hanwha Aerospace stood out as a major winner, rising four-point-17 percent.

The tech-heavy KOSDAQ fell seven-point-12 points, or zero-point-81 percent, to close at 872-point-03.

The South Korean won weakened against the U.S. dollar by nine-point-eight won to trade at one-thousand-439-point-six won as of 3:30 p.m.

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 >