Naver (NAVER, 035420) shares showed weakness on the morning of the 23rd, falling below the 200,000-won level.

As of 10:53 a.m., Naver was trading at 196,100 won, down 4,900 won (-2.44%) from the previous trading day. The stock slipped from the previous day's closing price of 201,000 won, falling back into the 190,000-won range.

At the same time, the KOSPI was up 0.12% at 7,026.67, and the KOSDAQ was up 0.18% at 835.95. Even as both of the country's major indices rose slightly, Naver was trending downward.

This is the last trading day before the Chuseok holiday. Attention is focused on whether Naver will narrow its intraday losses and attempt to recover the 200,000-won level, or close trading below that price point. As the current figures are intraday values, the trend needs to be watched until the final closing price.

Meanwhile, it also remains to be seen whether the weakness will continue or the stock will rebound in the session on the 28th, when trading resumes after the holiday. Eyes are on the direction of the share price at today's close and on the first trading day after the holiday.

[This article is provided as reference material for investment decisions and is not intended to solicit investment. Responsibility for investments lies with the investor.]