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Robot Stocks Plummet Across the Board... Rainbow Robotics and Doosan Robotics Plunge Around 9% Amid KOSPI and KOSDAQ Crash

As of 1:59 p.m. on the 28th, domestic robot-related stocks are plunging across the board, with investor sentiment clearly shrinking. As both the KOSPI and KOSDA

Oseong Kwon
Staff Reporter
4 min read
Robot Stocks Plummet Across the Board... Rainbow Robotics and Doosan Robotics Plunge Around 9% Amid KOSPI and KOSDAQ Crash
CBC News

As of 1:59 p.m. on the 28th, domestic robot-related stocks are plunging across the board, with investor sentiment clearly shrinking. As both the KOSPI and KOSDAQ crash simultaneously, robot stocks are also facing strong selling pressure.

On this day, most large-cap robot stocks recorded steep declines. Rainbow Robotics traded at 405,500 won, down 9.08% from the previous trading day, while Doosan Robotics also fell 9.06% to 60,200 won. Mid- and small-cap robot stocks such as Robotis (-9.50%), Robostar (-9.10%), Yujin Robot (-7.89%), and Yuil Robotics (-7.25%) also failed to escape the broad weakness.

Robot automation and smart factory-related stocks also joined the downward trend. POSCO DX (-6.55%), Clebo (-6.52%), SFA (-6.18%), and Heisen R&M (-8.51%) all declined, with selling pressure spreading throughout the sector.

At the same time, the broader domestic stock market is undergoing a sharp correction. The KOSPI recorded 6,079.95, down 10.00% from the previous trading day, and the KOSDAQ fell 7.72% to 705.79, making the contraction in investor sentiment increasingly evident.

The overnight U.S. stock market is cited as the background. Weakness centered on semiconductor stocks led major indices to show mixed performance, and analysts say the weakened appetite for global risk assets has spread to the domestic market. Some also assess that as overall risk-aversion sentiment strengthens, selling is expanding, particularly in growth stocks.

Going forward, the key factors that will determine the direction of robot stocks are expected to be whether investor sentiment toward global risk assets, including U.S. equities, recovers, the potential for a rebound in tech stocks broadly, and the degree to which domestic market volatility eases.

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

Oseong Kwon
Staff Reporter

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