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Jusung Engineering Closes Lower for 4th Consecutive Trading Day... Expectations for Rebound Build as Decline Narrows

Jusung Engineering (036930) extended its losing streak to four consecutive trading days, closing slightly lower on the 26th ahead of the weekend. On this day, J

Oseong Kwon
Staff Reporter
2 min read
Jusung Engineering Closes Lower for 4th Consecutive Trading Day... Expectations for Rebound Build as Decline Narrows
CBC News

Jusung Engineering (036930) extended its losing streak to four consecutive trading days, closing slightly lower on the 26th ahead of the weekend.

On this day, Jusung Engineering finished at 165,600 won, down 1,300 won (0.78%) from the previous trading day. While the stock has entered a correction phase since the 23rd, recording weakness for four straight sessions, the decline slowed significantly compared to the previous day's drop of 8.50%.

The broader domestic stock market also underperformed on the same day. The KOSDAQ index closed at 851.37, plunging 36.44 points (4.10%) from the prior session, as selling pressure spread across technology stocks, including semiconductors. Jusung Engineering was unable to escape the impact of the broader market weakness.

Monitoring market volatility on the first trading day of next week will be essential. The direction of both major indices and changes in supply and demand are cited as key variables that will determine the stock's trajectory, with investors closely watching whether a rebound attempt will emerge or the correction will continue.

[※ Investment Notice: This article is not intended to solicit investment. All investment decisions and responsibilities lie solely with the investor.]

Oseong Kwon
Staff Reporter

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