Illustration of Seoul stock traders watching declining markets on screens after profit-taking.
Illustration of Seoul stock traders watching declining markets on screens after profit-taking.
በ AI የተሰራ ምስል

Seoul stocks take breather after 6-day rise on profit-taking

በ AI የተሰራ ምስል

Seoul stocks took a breather on June 19 after a six-day surge, closing lower on profit-taking amid revived Iran uncertainties.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 11.42 points, or 0.13 percent, to 9,052.42 after rising as high as 9,385.59. Trade volume reached 511.1 million shares worth 65.3 trillion won.

Retail investors were net buyers with 1.7 trillion won, while institutional and foreign investors net sold a combined 1.6 trillion won. Samsung Electronics fell 2.34 percent to 354,000 won, while SK hynix rose 2.94 percent to 2,764,000 won.

Lee Kyoung-min, an analyst at Daishin Securities, said investors are anticipating that a chip bottleneck could push demand and prices. The Korean won was quoted at 1,527 won against the U.S. dollar, down 0.1 won from the previous session.

ሰዎች ምን እያሉ ነው

Users noted the KOSPI's pullback after record highs due to profit-taking and renewed Iran uncertainties. Analysts highlighted the impact on chip stocks like Samsung and SK Hynix. Some viewed the decline as a normal pause after a strong rally. Discussions also covered volatility and conditional US-Iran peace deal effects.

ተያያዥ ጽሁፎች

Illustration of Seoul stocks sinking amid tech losses and Iran uncertainty, showing falling market graphs and concerned traders.
በ AI የተሰራ ምስል

Seoul shares sink over 5 pct on tech losses amid Iran uncertainty

በAI የተዘገበ በ AI የተሰራ ምስል

South Korean stocks closed sharply lower on June 5 as investors locked in profits from recent tech gains amid uncertainty over U.S.-Iran peace negotiations.

South Korean stocks ended a three-day winning streak on April 17 due to profit-taking, as investors awaited developments on a possible second round of U.S.-Iran peace talks. The benchmark KOSPI fell 0.55% to 6,191.92, while the won weakened to 1,483.5 against the dollar. This came amid positive signals from U.S. President Donald Trump on weekend negotiations.

በAI የተዘገበ

South Korean stocks opened sharply lower on Wednesday, tracking overnight losses on Wall Street and uncertainties over peace talks between the United States and Iran.

South Korean stocks opened at a fresh record high on Monday as investor appetite for tech shares drove gains.

በAI የተዘገበ

Seoul shares closed higher by 1.4 percent on optimism over upcoming U.S.-Iran ceasefire negotiations following a two-week Middle East truce. The KOSPI ended at 5,858.87, extending weekly gains to nearly 9 percent despite lingering geopolitical concerns. Investor sentiment improved amid positive regional developments.

South Korean stocks opened at a record high Thursday, with the KOSPI benchmark nearing 6,500 points, driven by large-cap tech gains and the United States' indefinite extension of its ceasefire with Iran. U.S. President Donald Trump announced the decision following stalled peace talks. The index marked new records for the third consecutive session.

በAI የተዘገበ

South Korean stocks opened slightly lower on Friday amid persistent Middle East tensions and little progress in US-Iran peace talks. The KOSPI fell 7.21 points, or 0.11 percent, to 6,468.60 in the first 15 minutes of trading. The decline followed overnight Wall Street losses as investors stayed on the sidelines.

 

 

 

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