NAVER recorded a sharp decline in the domestic stock market crash on the 24th, but barely managed to defend the 200,000 won level.

NAVER closed the regular session at 207,500 won, down 12,500 won (5.68%) from the previous trading day. During the session, it fell to as low as 202,000 won, but successfully rebounded from the psychological support level of 200,000 won.

On the same day, the KOSPI closed at 6,690.62, plunging 406.27 points (-5.72%) from the previous trading day. Most large-cap stocks by market capitalization signaled red, with the overall stock market trending weak.

Geopolitical Risk Shrinks Market Sentiment

The market cites the sharp increase in global financial market uncertainty, driven by the escalation of military conflict between the United States and Iran, as the key background. Rising tensions in the Middle East have simultaneously stimulated international oil price increases and inflation concerns, significantly shrinking the appetite for risk assets. There are concerns that investor sentiment in the domestic stock market may also be cooling.

NAVER had shown strength, rising for three consecutive trading days from the 21st to the 23rd, but was unable to withstand the market-wide selling pressure on this day. In particular, profit-taking sell-offs and risk-averse selling simultaneously poured in, centered on large-cap tech stocks, amplifying the decline.

Investors are expected to monitor the direction of U.S.-Iran geopolitical risks, international oil price trends, and global stock market movements over this weekend. Based on these factors, they are likely to gauge the possibility of a rebound in domestic tech stocks next week.

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