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Rainbow Robotics and Doosan Robotics Fall Together... Robot Stocks Close Mixed on the 8th, Yujin Robot Rises 3.93%

On the 8th, robot-related stocks mostly closed weaker. Major names such as Rainbow Robotics, Doosan Robotics, and ROBOTIS fell together, while some stocks including Yujin Robot rose, resulting in mixed movements among individual stocks. ■ Major Robot Stocks Weaken Together Rainbow Robotics finishe

Oseong Kwon
Staff Reporter
4 min read
Rainbow Robotics and Doosan Robotics Fall Together... Robot Stocks Close Mixed on the 8th, Yujin Robot Rises 3.93%
CBC News

On the 8th, robot-related stocks mostly closed weaker. Major names such as Rainbow Robotics, Doosan Robotics, and ROBOTIS fell together, while some stocks including Yujin Robot rose, resulting in mixed movements among individual stocks.

■ Major Robot Stocks Weaken Together

Rainbow Robotics finished trading at 431,500 won, down 3.46% from the previous session. Doosan Robotics ended the day at 69,300 won, down 2.66%, while ROBOTIS closed at 298,000 won, down 2.45%.

■ Hyungsung All & Better and Cosmo Robotics Post Steep Declines

Hyungsung All & Better and Cosmo Robotics fell 7.98% and 7.56%, respectively, recording relatively large drops among robot stocks that day. They closed at 31,100 won for Hyungsung All & Better and 6,480 won for Cosmo Robotics. Angel Robotics also finished at 21,050 won, down 5.18%.

Elsewhere, Robostar fell 3.70% to 75,400 won, and Hoorim Robot dropped 3.34% to 6,070 won. T-Robotics finished at 14,280 won (-2.92%), SBV Tech at 41,250 won (-2.94%), and CMES Robotics at 17,620 won (-3.76%). CloBot closed at 22,550 won (-1.95%), NowRobotics at 15,310 won (-2.54%), POSCO DX at 20,900 won (-0.71%), and Yooil Robotics at 69,400 won (-0.14%).

■ Some Stocks, Including Yujin Robot, Rise

In contrast, Yujin Robot showed relatively strong momentum, closing up 3.93% at 12,690 won. SFA finished higher at 31,300 won (+0.80%), Neuromeka at 21,300 won (+0.70%), and Zeus at 14,100 won (+0.21%).

■ Market Background and Outlook

The KOSPI ended the day at 6,625.93, down 2.62%, while the KOSDAQ closed at 892.27, down 0.69%. With the broader market weak, declining stocks made up the majority among robot stocks, but some names maintained their gains, leaving share prices within the sector moving in different directions.

Attention is focused on whether major stocks such as Rainbow Robotics and Doosan Robotics will attempt a rebound in next week's session. Whether the stocks with steep losses can recover, and whether the stocks that closed higher can sustain their strength, are also key points to watch.

[This article is for investment reference purposes only, and investment decisions and any resulting responsibility rest with the investor.]

Oseong Kwon
Staff Reporter

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