[Special Stock] Asiana Shares Drop 5.05% Despite Announcement of European Route Expansion

[Asia Economy Reporter Lee Jung-yoon] Asiana Airlines is showing a weak trend, falling more than 5% on the 9th afternoon.

As of 3:05 PM on the day, Asiana is trading at 18,800 KRW, down 5.05% (1,000 KRW) from the previous trading day.

Asiana announced that it will gradually expand its European routes from May to July, moving towards normalization. However, it is declining as both foreign investors and institutions are selling simultaneously. Foreign investors and institutions sold 120,367 shares and 23,000 shares respectively.