Seoul shares end tad higher on strong food, defense shares; won at 6-month high #kospi #won #update #stock https://t.co/Whv1rL85J4
Seoul shares start higher on tech, auto gains #kospi #stock #won #update https://t.co/avxvCqumgO
코스피, 0.3% 올라 2,630선 개장…코스닥 강보합 출발https://t.co/KRSq0aA3vM
Seoul's stock market experienced a decline on May 15, ending a three-day rally as the Kospi index fell by 19.21 points, or 0.73%, closing at 2,621.36. This drop was attributed to profit-taking after consecutive gains. Despite the overall market dip, certain sectors such as defense and cosmetics remain undervalued compared to global markets, presenting potential investment opportunities. The following day, May 16, the Kospi rebounded slightly, opening 0.3% higher above the 2,630 level, supported by gains in technology and automotive stocks. The market closed marginally higher on May 16, driven by strong performances in food and defense sectors, while the South Korean won reached a six-month high.
