Seoul shares end lower, snapping 5-day winning streak, on profit-taking
Among gainers, Samsung Electronics' chipmaking rival SK hynix rose 1.03 percent to 1.66 million won and Samyang Foods climbed 5.04 percent to 1.33 million won
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Summary
Among gainers, Samsung Electronics' chipmaking rival SK hynix rose 1.03 percent to 1.66 million won and Samyang Foods climbed 5.04 percent to 1.33 million won. Defense giant Hanwha Aerospace dropped 1.21 percent to 1.15 million won and leading steelmaker POSCO Holdings shed 2.84 percent to 324,500 won. An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) Seoul shares ended lower Tuesday, snapping a five-day winning streak, as investors locked in profits on large-cap stocks amid fading hopes for a deal to end the war between Iran and the United States.
Furthermore, Trade volume was moderate at 399.04 million shares worth 29.64 trillion won ($20.9 billion) with decliners outnumbering gainers 679 to 195. Market bellwether Samsung Electronics fell 2.19 percent to 268,500 won and top carmaker Hyundai Motor declined 3.97 percent to 435,000 won. Oil prices remained elevated, stoking inflation concerns, while hopes for a deal with Iran faded after US President Donald Trump said he was not interested in extending an agreement with Iran that was due to expire.
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Among gainers, Samsung Electronics' chipmaking rival SK hynix rose 1.03 percent to 1.66 million won and Samyang Foods climbed 5.04 percent to 1.33 million won.
reliability low1/2 sourcesDefense giant Hanwha Aerospace dropped 1.21 percent to 1.15 million won and leading steelmaker POSCO Holdings shed 2.84 percent to 324,500 won.
reliability low1/2 sourcesAn electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) Seoul shares ended lower Tuesday, snapping a five-day winning streak, as investors locked in profits on large-cap stocks amid fading hopes for a deal to end the war between Iran and the United States.
reliability low1/2 sourcesTrade volume was moderate at 399.04 million shares worth 29.64 trillion won ($20.9 billion) with decliners outnumbering gainers 679 to 195.
reliability low1/2 sourcesMarket bellwether Samsung Electronics fell 2.19 percent to 268,500 won and top carmaker Hyundai Motor declined 3.97 percent to 435,000 won.
reliability low1/2 sourcesIn Seoul, large-cap stocks were mixed.
reliability low1/2 sourcesOil prices remained elevated, stoking inflation concerns, while hopes for a deal with Iran faded after US President Donald Trump said he was not interested in extending an agreement with Iran that was due to expire.
reliability low1/2 sources
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