The South Korean stock market ended lower on Wednesday due to concerns about the ban on short selling. The local currency, however, gained ground against the US dollar. The benchmark Korea Composite Stock Price Index fell by 0.91 percent to close at 2,421.62. Trading volume was moderate, and losers outnumbered gainers. The market saw uncertainty from the short selling ban, and stocks in the battery, tech, and chemical industries suffered losses. Industry leader LG Energy Solution and Samsung Electronics both saw declines, while bio-related stocks fared better. The analyst advised investors to remain cautious against market volatility for the rest of the week. The local currency ended at 1,310.60 won against the US dollar, down 2.70 won from the previous session’s close.

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By hassani

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