The South Korean stock market closed lower on Friday and recorded a weekly decline. Foreign investors sold Korean stocks for the third consecutive trading day amid concerns about global chip demand. The won strengthened, and the yield on indicator bonds rose. The indicator Korea Composite Stock Price Index closed down 0.59% to 2593.82 points. This week, the index fell 0.12%. Among the weighted stocks, Samsung Electronics fell 0.84%, and SK Hynix fell 4.44%. Battery manufacturer LG Renewable Energy fell 2.14%. Three people familiar with the matter revealed that since Samsung Electronics' new plant in Tyler, Texas, USA has not won any major customers, Samsung has delayed receiving ASML chip equipment deliveries. Hyundai is down 0.42%, Kia is down 0.11%, Naver is up 1.03%, and Kakao is up 3.08%.

The South Korean stock market closed lower on Friday and recorded a weekly decline. Foreign investors sold Korean stocks for the third consecutive trading day amid concerns about global chip demand. The won strengthened, and the yield on indicator bonds rose. The indicator Korea Composite Stock Price Index closed down 0.59% to 2593.82 points. This week, the index fell 0.12%. Among the weighted stocks, Samsung Electronics fell 0.84%, and SK Hynix fell 4.44%. Battery manufacturer LG Renewable Energy fell 2.14%. Three people familiar with the matter revealed that since Samsung Electronics' new plant in Tyler, Texas, USA has not won any major customers, Samsung has delayed receiving ASML chip equipment deliveries. Hyundai is down 0.42%, Kia is down 0.11%, Naver is up 1.03%, and Kakao is up 3.08%.