Woongjin Energy Falls in Seoul as Client Cancels Wafer Contract

Woongjin Energy Co. retreated as much as 11.5 percent in Seoul trading after saying a client canceled a 121.6 billion won ($104 million) order for silicon wafers. The stock slipped to 6,030 won as of 9:10 a.m. on the Korea Exchange. The benchmark Kospi Index rose 1.1 percent.

To contact the reporter on this story: Saeromi Shin in Seoul at sshin15@bloomberg.net

To contact the editor responsible for this story: Seyoon Kim at skim7@bloomberg.net

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