Dragged down by concerns about rising bond yields, which had been high for decades, the Seoul stock market closed lower on Tuesday. Technology stocks led the decline, and the won rose against the US dollar. The Korea Composite Stock Price Index opened higher and then turned down. It closed down 62.35 points, or 0.89%, to 6941.39 points. Market trading was light, with 257.27 million shares, with a turnover of 19.1 trillion won; individual stocks fell by 459, and individual stocks rose by 424. Foreign investors and institutions sold 1.75 trillion won and 1.98 billion won in net shares, respectively, while individual investors made net purchases of 740.56 billion won. High interest rates, high energy costs, and rising inflation concerns are once again driving up global bond yields, and investors are awaiting the company's third-quarter earnings report. Technology stocks led the decline in the Seoul market. Samsung Electronics, the market trend, fell 1.45% to 272,000 won; chip rival SK Hynix fell 3.69% to 1.77 million won. In terms of rising individual stocks, LG Electronics surged 7.64% to 232,500 won. The company has signed a long-term agreement with a North American company to supply chillers for artificial intelligence data centers.

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