[Alpha Biz=(Chicago) Reporter Kim Jisun] Large-cap stocks continued to decline as the KOSPI hit 2.47%, the highest drop of the year on the 17th.

On the 17th, KOSPI closed at 2435.90, down 2.47% (61.69 points) from the previous trading day. Individuals bought KRW 850.8 billion alone, but the result was the highest drop this year as foreigners sold KRW 902.2 billion. The agency sold a net 11.2 billion won on the same day.

The KOSPI plunged and large-cap stocks continued to weaken. Samsung Electronics, the No. 1 player in market capitalization (market capitalization), whose stock price rose to KRW 79,800 at the end of last year, fell 2.20% to KRW 71,000 on the same day, while LG Energy Solutions, the third-largest market capitalization, closed 2.62% at KRW 390,000, falling to a 52-week low (KRW 375,000 on Nov. 1, 2023).

There is also a large stock that broke the new low price for 52 weeks. LG Chem and Samsung SDI, which were ranked 10th in market capitalization, fell 5.44% and 4.05%, respectively, falling out of the top 10 in market capitalization. The LG Chem closed at 408,500 won on the 17th, down 23,500 won a day, while Samsung SDI closed at 379,000 won, down 16,000 won over the same period, breaking its 52-week low.

In addition, 80 KOSPI stocks hit new lows in a day, including Orion (-7.04%), which is expected to have a short-term profit burden, and Hotel Shilla (-2.88%), whose operating profit is expected to fall in the fourth quarter of last year.

KOSDAQ also saw 91 stocks, including Pearl Abyss (-4.47%) and YG Entertainment (-2.51%), hit new lows on the 17th. KOSDAQ closed at 833.05, down 2.55% (21.78 points) from the previous day.

 

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