[Special Report] Most Top Market Cap Stocks Fall in Domestic Stock Market

[Asia Economy Reporter Park Jihwan] Most of the top market capitalization stocks in the domestic stock market are showing weakness. This is attributed to the sharp decline in the New York stock market on the 23rd (local time) due to concerns over the resurgence of COVID-19 and the collapse of tech stocks.

As of 9:32 AM on the 24th, Samsung Electronics was trading at 57,700 KRW, down 900 KRW (1.54%) from the previous trading day. NAVER (-3.20%), Samsung Biologics (-1.99%), LG Chem (-1.59%), Hyundai Motor (-3.34%), Celltrion (-2.07%), and Kakao (-3.01%) are all weak. Among the top 10 KOSPI market cap stocks, only SK Hynix (1.44%) showed an upward trend.

In the KOSDAQ market, most stocks including the leader Celltrion Healthcare (-2.11%), HL Biopharma (-2.37%), Alteogen (-4.06%), and Kakao Games (-4.84%) are declining. Among the top 10 stocks, only Seegene (0.49%) rose.