KOSPI 200 Index Sees Mixed Performance with Notable Gains in Steel and Chemical Sectors

SEOUL: The KOSPI 200 index closed with a mixed performance as several companies reported gains, particularly in the steel and chemical sectors, offset by losses in other areas. Significant increases were noted for POSCO FUTURE M and SKBP, while companies like SamyangFood and Hyosung experienced declines.According to Yonhap News Agency, POSCO FUTURE M led the day's gains with an increase of 7,400 to close at 173,000. SKBP followed with a rise of 6,200, closing at 105,000. The chemical sector saw positive movement with KCC appreciating by 6,000 to reach 238,500, and LOTTE CHEMICAL Corp rising by 2,200 to settle at 65,000. ORION Holdings and LG Corp. also recorded gains, closing at 16,110 and 76,200, respectively.Notably, HyundaiMtr's stock climbed by 2,500 to finish at 211,500, while CJ CheilJedang saw an increase of 3,000, bringing its closing price to 268,000. Meanwhile, notable losses included SamyangFood, which dropped by 2,000 to 681,000, and Hyosung, which fell by 1,400 to 45,100. DONGSUH and LOTTE WE LLFOOD also experienced declines, closing at 30,100 and 110,400, respectively.Additional movements in the index included a rise for SamsungE and A by 2,200 to finish at 118,700, while SKBS and MS IND saw declines, closing at 57,300 and 10,810, respectively. Companies such as KT and G and LG Uplus posted minor losses, contributing to the overall mixed performance of the KOSPI 200 index.