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Seoul Shares Close Flat at 6,475.63 Amid Tech Declines and Defense Stock Gains

Seoul's benchmark KOSPI index ended nearly unchanged on April 24, 2026, after a record high the previous day, with investors buying defense stocks amid Middle East tensions while tech shares fell. The South Korean won weakened against the U.S. dollar. Yonhap reported gains in defense firms offset losses in tech and auto sectors.

Yonhap
1 source·Apr 24, 7:38 AM(5 days ago)·1m read
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Seoul Shares Close Flat at 6,475.63 Amid Tech Declines and Defense Stock Gainskoreatimes.co.kr
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Seoul shares closed flat on April 24, 2026, as gains in defense and shipbuilding stocks offset declines in major tech shares amid ongoing Middle East tensions. 81 in the prior session. 58 percent over the week ending April 24, 2026.

38 percent to 989,000 won. -Iran talks, where expectations lingered for a second round of discussions. Iran reactivated its air defense systems as of April 24, 2026, according to Yonhap.

23 percent to 219,500 won. 24 percent to 1,222,000 won. Yonhap noted that investor sentiment remained subdued, though not fully dampened by Middle East uncertainties, as attention turned to solid corporate earnings.

57 percent to 513,400 won and its affiliate Kia Corp. 16 percent to 153,400 won. 16 percent to 119,400 won.

These losses contributed to the flat close after choppy trading. 08 billion, with gainers outnumbering decliners 619 to 236. 18 trillion won.

A photo from the dealing room of Hana Bank in Seoul on April 24, 2026, captured the moderate activity, Yonhap reported. U.S. U.S. time) that he had ordered the Navy to target vessels laying mines in the Strait of Hormuz.

He added that Iran is seeking a deal and negotiations are under way. Separately, Trump said Israel and Lebanon would extend their ceasefire by three weeks, helping temper concerns about broader regional conflict. U.S. 89 percent on April 23, 2026. In Seoul, analyst Cho Seung-bin at Daishin Securities Co.

' An AP photo showed ships anchored in the Strait of Hormuz, highlighting the key global oil shipping route.

U.S. m. 5 won from the previous session. 496 percent. 683 percent, as bond prices closed lower.

Key Facts

KOSPI closes flat
Benchmark index edged down 0.18 point to 6,475.63 on April 24, 2026, after record high previous session.
Sector performances
Defense stocks like Hanwha Aerospace rose 2.67% to 1,463,000 won; tech like Samsung fell 2.23% to 219,500 won.
Currency and bonds
Won at 1,484.50 vs USD, down 3.5 won; three-year Treasury yield up 3.8 bps to 3.496%.
Trump statements
Ordered Navy targeting in Strait of Hormuz, noted Iran seeking deal, and Israel-Lebanon ceasefire extension by three weeks.
Trading data
871 million shares traded worth 29.82 trillion won (US$20.08 billion); gainers 619 vs decliners 236.

Story Timeline

6 events
  1. 2026-04-24

    Seoul shares ended flat, KOSPI closed at 6,475.63 after edging down 0.18 point; defense stocks rose while tech declined; won fell to 1,484.50 against USD.

    1 sourceYonhap
  2. 2026-04-24

    Iran reactivated its air defense systems; expectations for second round of U.S.-Iran talks.

    1 sourceYonhap
  3. 2026-04-23 (U.S. time)

    U.S. President Donald Trump stated he ordered Navy to target vessels laying mines in Strait of Hormuz, noted Iran seeking deal with negotiations under way, and said Israel-Lebanon ceasefire extended by three weeks.

    1 sourceYonhap
  4. 2026-04-23

    Dow Jones fell 0.36 percent, Nasdaq declined 0.89 percent.

    1 sourceYonhap
  5. Week ending 2026-04-24

    KOSPI rose 4.58 percent.

    1 sourceYonhap
  6. Session prior to 2026-04-24

    KOSPI closed at record high of 6,475.81.

    1 sourceYonhap

Potential Impact

  1. 01

    Rising bond yields might pressure borrowing costs for local institutions and companies.

  2. 02

    Weakening won may increase export competitiveness for South Korean firms like Samsung and Hyundai.

  3. 03

    Progress in U.S.-Iran talks might ease oil route concerns, benefiting refiners like SK Innovation.

  4. 04

    Foreign selling of 1.95 trillion won could signal reduced international confidence in KOSPI.

Transparency Panel

Sources cross-referenced1
Framing risk0/100 (low)
Confidence score75%
Synthesized bySubstrate AI
Word count269 words
PublishedApr 24, 2026, 7:38 AM
Bias signals removed3 across 3 outlets
Signal Breakdown
Loaded 1Speculative 1Framing 1

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