South Korean Stocks Decrease 3.3%

Dow Jones
05/19

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

Stocks in South Korea fell Tuesday, as the Kospi Composite Index dropped 3.3% to 7271.66.

Among local companies with a market cap of at least 10 trillion South Korean won ($6.62 billion), LG Electronics was the biggest laggard, plunging 12%, followed by shares of Rainbow Robotics, which tumbled 11%. Shares of Hyundai Autoever tumbled 10%.

Hanwha Aerospace was the biggest leader during the session, rising 4.8%, and LG Innotek rose 4.3%. Korea Electric Power rounded out the top three movers, as shares rose 4.0%.

In other parts of Asia, stock indexes were mixed. Hong Kong's Hang Seng Index added 0.5%, China's Shanghai Composite Index rose 0.9% and Japan's Nikkei Stock Average dropped 0.4%.

On the currency front, the WSJ Dollar Index rose 0.3% to 95.93. The dollar weakened 1.3% against the won to 1,509.50 won.

In the bond markets, the 10-year South Korean government bond yield declined 1.5 basis points to 4.225%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 19, 2026 05:31 ET (09:31 GMT)

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