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Seoul Shares Retreat on Heavy Profit-Taking

Written: 2025-11-04 17:01:58Updated: 2025-11-04 17:04:19

Seoul Shares Retreat on Heavy Profit-Taking

Photo : YONHAP News

South Korean shares tumbled more than two percent on Tuesday, ending a four-day winning streak amid heavy foreign selling.

The benchmark Korea Composite Stock Price Index lost 100-point-13 points, or two-point-37 percent, to close at four-thousand-121-point-74.

The main bourse took a breather after recent surges on expectations surrounding last week's Asia-Pacific Economic Cooperation summit.

After hitting record highs Monday, Samsung Electronics and SK hynix fell three-point-51 and five-point-48 percent, respectively.

Shipbuilders also declined, with Hanwha Ocean sliding one-point-59 percent and HD Hyundai Heavy Industries dropping six-point-59 percent.

Automakers Hyundai Motor and Kia plunged five-point-32 percent and three-point-31 percent, respectively.

The tech-heavy KOSDAQ gained 12-point-02 points, or one-point-31 percent, to close at 926-point-57.

The South Korean won weakened against the U.S. dollar by nine-point-one won to trade at one-thousand-437-point-nine won as of 3:30 p.m.

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