Tech stocks decline, South Korean stock index gives back morning gains

DeepFlowTech · 2026-03-20T02:57:22+00:00

On March 20, South Korea's stock market gave back early morning gains due to foreign investors' selling of 1.26 trillion Korean won. Samsung Electronics edged down 0.25%, while LG Energy Solution and Doosan Heavy Industries rose, while SK Square and Hanwha Aerospace both declined. Retail and institutional investors remained active in buying.

DeepFlowTech

2026-03-20 02:57:22

Abstract generation in progress

Deep Tide TechFlow News, March 20th, late morning, due to large technology stocks turning downwards amid foreign selling, the Korean stock market gave back its early gains. Foreign investors net sold 1.26 trillion KRW (approximately $8.42 billion), causing the KOSPI index to reduce its early gains.

Retail investors and institutions respectively net bought 746.4 billion KRW and 524.8 billion KRW of Korean stocks. Leading stocks Samsung Electronics fell 0.25%, SK Hynix declined 0.2%. Battery manufacturer LG Energy Solution rose 0.94%, Doosan Heavy Industries gained 3.29%. Biotech and financial stocks rose. On the other hand, AI investment company SK Square dropped 1.8%, defense giant Hanwha Aerospace fell 4.73%. Major shipbuilder Hyundai Heavy Industries declined 0.71%, Samsung Electro-Mechanics dropped 2.71%. (Jin10)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes