Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concerns

retained text

The benchmark KOSPI was down 90.29 points, or 1.31%, at 6,822.66 as of 0126 GMT. Samsung Electronics dropped 6.31% after the company said last week that shareholder returns this year could reach up to 110 trillion won ($79.55 billion). Analysts viewed the potential payout as lower than expected.
The decline in Samsung Electronics overshadowed gains in some other major stocks. SK Hynix rose 1.91%, while battery maker LG Energy Solution advanced 3.93%. Samsung SDI surged 8.58% after an announcement by Samsung Display regarding a share sale plan.
Among other major stocks, Hyundai Motor fell 0.84%, and Kia Corp declined 0.31%. POSCO Holdings gained 5.65%, while Samsung BioLogics slipped 0.26%.
Of the 901 stocks traded, 506 advanced and 346 declined. Foreign investors were net sellers, offloading shares worth 1.3 trillion won.
In currency markets, the won strengthened 0.35% to 1,381.1 per dollar on the onshore settlement platform, compared with its previous close of 1,386.0.
Korean bond prices also gained. September futures on three-year Treasury bonds rose 0.05 point to 103.18. The most liquid three-year Korean Treasury bond yield eased 0.2 basis points to 3.851%, while the benchmark 10-year yield fell 6.4 basis points to 4.350%.
The broader market remained under pressure as investors weighed corporate shareholder-return policies alongside movements in bond yields and currency markets.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

document fetched 2026-08-24 06:56