South Korea's benchmark Kospi index has almost returned to its pre-conflict level and is approaching a record high, driven by investor optimism over easing Middle East tensions and expectations of progress in US-Iran talks.
Foreign investors have become net buyers of Korean shares this month, reversing previous selling trends and providing support to the benchmark Kospi index, largely driven by a rebound in the chip sector.
The Korea Exchange (KRX) has issued a buy-side sidecar for the KOSPI market, a circuit breaker mechanism, in response to a sharp increase in market activity.
Following President Trump's speech on the Iran conflict, Iran has threatened 'more crushing' actions, leading to renewed surges in Brent crude oil prices and widening escalation risks due to Iran's leverage over global oil routes.
European and world stock markets, including Asian equities, are experiencing downward trends for the fifth consecutive week due to intensifying Middle East conflict, which has also caused oil prices to surge towards $117 per barrel and led to a rebound in soybean and corn prices, further fueled by fears of escalation in Iran.
Asian stock markets, including South Korea's Kospi which fell 5%, experienced declines after former President Trump issued threats against Iran, sparking geopolitical concerns.
The Korean won is poised for a rebound, making the deeply undervalued currency an appealing bet for investors, particularly when paired against the overvalued Thai baht, according to a seasoned foreign exchange strategist. Before the US-Israeli strikes on Iran that rattled global markets earlier this month, the Korean equity market had been booming; the benchmark Kospi briefly topped the 6,300 level for the first time, roughly doubling from a year earlier. Despite the rally in stocks, the local
South Korean stocks staged a sharp rebound during trading Thursday, partially recovering from a two-day rout that rattled local markets. Buy-side sidecars were triggered on both the main and secondary bourses as a surge in buying pressure pushed prices sharply higher. The benchmark Kospi opened 3.09 percent higher at 5,250.92, compared with the previous session, according to the Korea Exchange. The index quickly extended its gains after the opening bell, touching an intraday high of 5,715.30 in
South Korean shares experienced a dramatic recovery, soaring as much as 12 percent at the open, swiftly erasing almost all of their worst-ever daily slump from the previous day.
South Korea's main stock index, the KOSPI, lost 12 percent on Wednesday, sending retail investors into a panic as fears of energy shortages due to the war in Iran battered shares in chipmakers and…
Seoul shares plunged over 12 percent Wednesday to close below the 5,100-point mark amid growing concerns over the economic fallout from the Middle East conflict. The Korean won fell sharply against the U.S. dollar. The Korea Composite Stock Price Index extended its losses, tumbling 698.37 points, or 12.06 percent, to close at 5,093.54, following a plunge of over 7.24 percent the previous session. The Korea Exchange triggered circuit breakers shortly after the KOSPI fell more than 8 percent amid
South Korea's KOSPI stock market recorded an average daily trading volume exceeding 30 trillion won in February, indicating significant market activity.
South Korean stocks opened higher Friday despite overnight losses on Wall Street caused by increased geopolitical risks and market uncertainties. The benchmark Korea Composite Stock Price Index added
European leaders are reportedly discussing alternative plans for defense and security, including a separate joint European army, in case the United States withdraws from NATO under a potential future Trump administration.
Asian markets faced a downturn due to Middle East conflict fears, with oil prices soaring. However, Singapore's stock market shows remarkable resilience, nearing record highs.
High-net-worth investors in South Korea increased their holdings in semiconductor stocks, particularly Samsung Electronics, while divesting from defense and nuclear shares amidst heightened tensions related to the Iran conflict.
President Donald Trump has stated that the US will conclude its attacks on Iran within two to three weeks, regardless of a deal, and emphasized that securing the Strait of Hormuz is not America's responsibility. This optimism has led to Brent oil prices falling below $100, though analysts warn that normalizing oil flows could take weeks even after a conflict resolution.
Global stock exchanges, including those in India, other Asian markets, and the US, saw significant gains and oil prices cooled after Donald Trump announced a halt to military strikes on Iran and indicated talks, easing geopolitical tensions.
South Korea’s benchmark Kospi stock market is exhibiting signs of overheating after a yearlong rally, leading to increased concerns over elevated volatility and stretched valuations.
South Korea and Japan have led declines in global stock markets amid the oil shock, underscoring how supply disruptions in the Middle East are weighing on growth in economies heavily reliant on fuel imports.
The Kospi index in Seoul has slumped 12 per cent since the US-Israel war with Iran broke out on February 28, while Tokyo’s Nikkei 225 has slid nearly 9 per cent. South Korea last week moved to cap oil price increases to limit inflation, while rising crude costs added to price pressures in...
South Korean stocks opened higher as investors sought bargains despite global oil price volatility stemming from the ongoing Middle East crisis, with the benchmark KOSPI index rising significantly.
Global markets, including Nikkei and Kospi, plunged as oil prices surged due to fears of a U.S.-Iran war, while Bitcoin dropped to a 7-day low amidst a broader macro risk-off move sparked by the oil surge.
Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity?
Yesterday we discussed the dramatic move in Korean stocks, which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stocks.
However, as we noted earlier this week when we pointed out the unprecedented pi...
The market has proved no easy battlefield for K bank, Korea’s first online-only lender, as it finally completed a long and bumpy journey to the Kospi on Thursday, following two failed attempts to go public. The debut drew a strong reception, with the stock surging as much as 16 percent to 9,880 won ($6.70) in the first hour of trading, well above its initial public offering price of 8,300 won. K bank sold 60 million shares in the IPO, raising about 498 billion won and valuing the lender at rough
In a shock for South Korea, the country's KOSPI index dropped by over 12 percent Wednesday in its worst sell off ever. Share prices took a dive as investors panicked about a potential energy crisis if the Strait of Hormuz remains blocked. South Korea, alongside many Asian countries, is especially dependent on Middle Eastern oil, making its businesses vulnerable to the geopolitics of the region.
Global stock markets, led by South Korea's Kospi, tumbled despite Donald Trump's offer for the US Navy to protect vessels in the Strait of Hormuz, as fears of a new 'tanker war' and disruption to Middle East food imports grow.
Kakao Pay, the payments arm of Kakao Corp., surged on Thursday after the USDC issuer Circle delivered an overnight earnings surprise that rippled through stablecoin-linked shares in Seoul. The stock climbed as much as 14 percent to 73,300 won ($51.38) in morning trading on the Kospi before retreating to below 70,000 won by the afternoon. The rally came as Kakao Pay, viewed as one of the leading players in Korea’s emerging stablecoin sector, tracks Circle’s roughly 35 percent jump in New York ove
Seoul shares opened higher Wednesday, briefly breaching a new historic landmark of 6,000 amid an extended rally in technology stocks. The benchmark Korea Composite Stock Price Index rose 26.73 points, or 0.45 percent, to 5,996.37 in the first 15 minutes of trading. Shortly after the opening bell, the KOSPI briefly breached the 6,000-point mark, just one month after landing in the 5,000-point territory. Overnight, the Dow Jones Industrial Average rose 0.76 percent, while the tech-heavy Nasdaq com
Asian stock markets experienced a significant rally, with the Australian (ASX) and South Korean (KOSPI) indices reaching all-time highs, driven by a strong rebound in the technology sector.
Hungarian opposition figure Peter Magyar announced plans to suspend state television and radio broadcasts, promising to reform public media to ensure press freedom and truth for Hungarians. This pledge comes amidst political discussions involving figures like Donald Trump and Serbian President Vučić regarding Hungarian politics.
Ropa prudko zlacnela po oznámení dvojtýždňového prímeria medzi USA a Iránom. Trump spojil dohodu s okamžitým a bezpečným znovuotvorením Hormuzského prielivu.
Poland, South Korea, and France are actively participating in or agreeing to join UK-led discussions and efforts aimed at reopening the Strait of Hormuz for shipping, with over 40 countries now meeting virtually to discuss ways to ensure shipping in the critical waterway. Montenegro's Foreign Ministry also condemned Iran's actions in the Strait as a threat to global stability, while Iran asserts its intent to gain permanent leverage over the Middle East through control of the strategic waterway.
France and Italy have pushed back against some US-Israeli military operations, as US President Donald Trump criticized NATO allies in Europe for being unhelpful in the month-long war in Iran, highlighting growing transatlantic tensions.
Seoul's KOSPI stock index plummeted by 5.8%, reportedly influenced by a 48-hour US ultimatum (likely to Iran) and the ongoing selection process for a new governor.
South Korean shares closed higher, with the KOSPI index adding 17.98 points, as investors expressed hopes for a quicker resolution to the U.S. and Israel-led war against Iran, which has been impacting global financial markets.
BusinessAPbloombergThe Guardian+17cnbctagesschaumarketwatchBusiness Insidern1-serbiaYahooTimes of Indiahindustan-times+9 more1mo ago20 sources
US markets are solidly higher as oil trades around $100, with Iran attacking more Gulf targets. Traders are increasingly nervous about warnings of oil prices potentially soaring to $200 per barrel as the Iran conflict continues, with many betting on WTI reaching $100+ by Friday.
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
South Korea’s benchmark Kospi tumbled over 8 percent in trading Monday, prompting the activation of a circuit breaker, a 20-minute suspension on trading to curb excessive volatility. The Korea Exchange activated a circuit breaker on the Kospi at around 10:31 a.m., after the index fell more than 8 percent in the course of just over a minute. It was the second activation of a circuit breaker on the main bourse this year. At the time of the activation, the Kospi stood at 5,132.07 points, shedding 8
Asian markets rebound after a three-day rout, led by South Korea’s Kospi. A $68bn stability fund helps calm nerves amid Mideast tensions and oil price hike
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Asian markets experienced a significant rebound, with South Korea's KOSPI soaring 11% in a historic recovery, while China pledged stimulus despite a low growth target.
South Korea's KOSPI stock market index has suffered its worst crash on record, raising concerns about potential impacts on global markets like the S&P 500.
BusinessFTrzeczpospolitaTimes of India1mo ago3 sources
The Kospi plunged 8 per cent on Wednesday (Mar 4), extending a steep selloff from the previous day as the escalating war in the Middle East rattled investor sentiment.
L’indice Kospi de la Bourse de Séoul a décroché de plus de 12% peu après son ouverture mercredi, ce qui a entraîné une suspension temporaire des échanges.
Nomura became the first brokerage to project the Kospi at 8,000 in the first half of the year, setting a new high-water mark for targets as South Korea’s benchmark extends a record-breaking rally. Nomura Financial Investment, the Seoul unit of Japan’s Nomura Holdings, raised its first-half outlook to 7,500 in a base case and 8,000 in a bull case in a report released Monday. From the current 5,900 level, that implies potential gains of roughly 27 percent to 36 percent over the next four months. C
South Koreans' investments in overseas stocks nearly tripled in 2025, reaching an all-time high and expanding to a level comparable to domestic investments.