Hanwha Solutions (009830) extended its consecutive downward trend with a sharp decline on the 3rd, even as the KOSPI rebounded strongly ahead of the weekend.

On the 3rd, Hanwha Solutions closed at 32,700 won, down 2,200 won (6.30%) from the previous trading day. This marks the second consecutive day of decline, following a 3.32% drop on the 2nd.

The stock opened strong at 35,550 won but failed to maintain its upward momentum as selling pressure expanded during the session. After turning lower, the weakness persisted through the late session, closing in the 32,000 won range.

On the same day, the domestic stock market exhibited extreme volatility. The KOSPI fell to as low as 7,378.10 during the session before bargain hunting drove a reversal, with the index rising to as high as 8,136.28 intraday. It eventually closed at 8,088.34, up 440.25 points (5.75%) from the previous trading day, reclaiming the 8,000 level. However, Hanwha Solutions was unable to shake off its weakness despite the index's rebound.

Meanwhile, market attention continues to focus on related issues as the allocation of stock purchase rights tied to Hanwha Solutions' recent paid-in capital increase proceeds. The details of stock purchase rights allocated to Vice Chairman Kim Dong-kwan and other key executives were disclosed on the 3rd.

[※ This article is not intended to solicit investment. The final judgment and responsibility for all investments lie with the investor.]