South Korean Stocks Tumble 6.5%

Dow Jones03-23

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in South Korea dropped Monday, as the Kospi Composite Index fell 6.5% to 5405.75.

Among local companies with a market cap of at least 10 trillion South Korean won ($6.61 billion), HYBE was the biggest laggard, plunging 16%, followed by shares of ABL Bio, which tumbled 11%. Shares of HD Hyundai Heavy Inds tumbled 10%.

SamChunDang Pharm was the biggest leader during the session, gaining 3.7%.

In other parts of Asia, stock indexes were down. Hong Kong's Hang Seng Index declined 3.5%, China's Shanghai Composite Index fell 3.6% and Japan's Nikkei Stock Average dropped 3.5%.

On the currency front, the WSJ Dollar Index increased 0.3% to 96.70. The dollar weakened 0.4% against the won to 1,512.03 won.

In the bond markets, the 10-year South Korean government bond yield rose 14 basis points to 3.860%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 23, 2026 05:33 ET (09:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment