Seoul: The KOSPI 200 index experienced varied movements with a noticeable rise in financial and biotechnology stocks, while several technology and retail stocks faced declines. The index, which lists major companies in South Korea, showcased a range of performances among its constituents.
According to Yonhap News Agency, Meritz Financial saw a significant increase, closing at 117,800, up by 3,300 points. BNK Financial Group and iM Financial Group also recorded gains, closing at 10,260 and 9,500, respectively. Among the notable advancements in the biotechnology sector, Samsung Biologics surged to 1,072,000, marking an increase of 23,000.
In contrast, the retail sector faced some declines. Netmarble closed at 43,350, down by 650 points, while Orion saw a decrease to 119,600, losing 1,200 points. The technology sector also showed mixed results. HD Hyundai fell to 71,000, a drop of 600 points, whereas HD Hyundai Electric rose by 3,000 to close at 333,500.
Other notable performances included HYOSUNG TNC and HS HYOSUNG ADVANCED, which increased by 2,000 and 1,400 points, respectively. On the other hand, stocks like Hanwha Systems and Hanwha Vision saw declines, with Hanwha Systems dropping 250 points to 38,400 and Hanwha Vision decreasing by 600 to 55,900.
Overall, the KOSPI 200 index reflected a mix of gains and losses across different sectors, highlighting the diverse performance of major South Korean companies.