Foreign investors have sold billions of dollars worth of Korean stocks this year, intensifying on Monday with an 8% plunge in the benchmark Kospi, despite the market being one of the world's top performers.
South Korean stocks experienced a sharp decline late Tuesday morning as investors engaged in profit-taking, particularly from market heavyweights, despite overnight gains on Wall Street.
Micron Technology has officially surpassed a $1 trillion market capitalization, driven by the surging demand for memory chips fueled by the artificial intelligence boom, making it the latest tech firm to join this exclusive club alongside SK Hynix.
Samsung Electronics reached a last-minute agreement with its union, averting a planned strike over wage disputes and bonus payments. This tentative deal led to a surge in Korean stock markets.
Samsung and its union have resumed talks following a labor action scare, which has helped to halt downward momentum in South Korean stocks. Optimism returned to Samsung Electronics as negotiations recommenced, easing investor concerns.
The Korean Kospi stock index briefly surpassed the historic 8,000-point mark for the first time ever before experiencing a sharp decline. Foreign selling was noted as a factor in the subsequent market rout.
South Korean stocks rebounded by over 2 percent, reaching a new peak above the 7,800-point mark, driven by investor interest in semiconductor and auto shares. The local currency, however, declined amid lingering Middle East tensions and ahead of the US-China summit.
Goldman Sachs has increased its 12-month Kospi target to 9,000, one of the highest among major brokerages, asserting that South Korean stocks remain cheap even after a significant rally that has seen the benchmark rise over 75 percent this year.
South Korean stocks reached a new record high, nearing the 6,500-point level, fueled by strong tech sector performance and investor focus on corporate earnings, alongside the US ceasefire extension in the Iran conflict.
South Korean stocks rose for the third consecutive session Thursday, closing above the 6,200-point mark for the first time since the outbreak of the US-Iran war amid hopes for a second round of their…
Wypowiedzi prezydenta USA Donald Trump o możliwej „zagładzie całej cywilizacji” w przypadku braku porozumienia z Iranem wywołały gwałtowną reakcję w Waszyngtonie.
South Korean stocks finished higher for the second straight session Wednesday as investors hunted for bargains amid the market's recent volatility caused by the US-Iran war.
Bank of America's equity strategists have described the recent volatile movements in South Korean stocks as a 'textbook bubble,' raising concerns about market stability.
Chief economist Heise and history professor Straumann discuss the lessons from banking history, the likelihood of a future financial crisis, and the potential risks posed by the Iran war, noting that a key element for a deep crisis might be missing.
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
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.
South Koreans' investments in overseas stocks nearly tripled in 2025, reaching an all-time high and expanding to a level comparable to domestic investments.
Korean stock markets experienced a downturn as investors began to divest from technology stocks. This shift indicates a broader market trend where investors are moving away from tech and seeking new investment opportunities.
South Korean stocks extended their rally to a fresh all-time high on Monday, fueled by strong gains in artificial intelligence-related stocks and a broader tech rally, while the local currency strengthened against the US dollar.
South Korean stocks closed lower on Tuesday, with the benchmark Korea Composite Stock Price Index dipping 3.25%, as a foreign-selling spree of major tech companies continued, tracking an overnight tech slump on Wall Street, and the local currency weakened against the US dollar.
Korean stocks have rebounded from the verge of a correction, driven by a strong rally in Samsung shares. This recovery provides a boost to the broader market.
Global funds are reportedly speeding up their withdrawal from Korean stock markets, even as the region experiences an extended record rally. This trend suggests a cautious outlook from international investors despite positive market performance.
South Korean stocks experienced a significant surge of over 5 percent, nearing the 7,000-point threshold, as investors bought semiconductor shares amidst anticipation of developments in US-Iran peace talks.
A BlackRock strategist has indicated a strong preference for Korean stocks, attributing this positive outlook to the surging demand in the artificial intelligence sector.
Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.
US President Donald Trump has confirmed 'very good' talks to end combat with Iran, leading to a delay in US strikes and a rise in markets, though Iran denies these discussions, outlines 'red lines' for peace, and continues its strikes, even firing rockets at Israel and mocking Trump.
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.
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...
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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South Korean stocks soared more than 3 percent to close at a fresh record high of over 6,300 Thursday as investors were buoyed by artificial intelligence prospects following Nvidia Corp.'s better-than
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
South Korean stocks opened over 1 percent higher Monday, tracking gains on Wall Street in the previous session, as investors bought technology and automobile shares. The benchmark Korea Composite Stoc
Billionaire investor David Tepper significantly increased his stake in Micron, while Appaloosa Management upped its bets on American Airlines and various tech companies during the fourth quarter.
South Korean stocks opened sharply lower Friday as investors took a breather following a recent rally in tech shares amid uncertainty over the U.S.-Iran peace deal.
BTIG warns that South Korea's Kospi index is vulnerable to a significant drop because of its heavy reliance on major companies like Samsung and SK Hynix.
South Korean stock market saw an 8% jump in the Kospi index, driven by successful labor negotiations at Samsung and bullish comments from Nvidia's CEO regarding the AI industry and chip demand.
South Korean stocks experienced a lower opening on Tuesday, as investors reacted cautiously to rising inflation concerns and a recent downturn in US technology stocks. The benchmark Kospi index fell by 1.2 percent at the start of trading.
Korean stock markets are experiencing an extended slump as rising yields pose a threat to the recent rally driven by artificial intelligence-related companies.
Indian Prime Minister Narendra Modi's appeal for austerity and wise spending, particularly regarding fuel consumption, has led to various officials, including Gujarat ministers, reducing their convoys and adopting more frugal practices. This initiative comes amidst broader economic considerations and a regional fuel crisis impacting services like Air India.
South Korean brokerages anticipate that the upcoming retail expansion of omnibus accounts for foreign investors could serve as a new growth engine, as easier access to Korean stocks attracts increasing interest from overseas traders, contributing to Samsung Securities' 40% rally.
The United Kingdom has elevated its terrorism threat level to "severe" following an attack on Jewish men in Golders Green, London. Authorities warn that another attack is highly likely, prompting reviews of public protests and increased vigilance.
An elusive wolf that escaped from a South Korean zoo was recaptured after a nine-day search. The animal's return followed an intensive effort involving thermal imaging drones.
South Korean stocks experienced a decline of over 1.5 percent, ending a four-day winning streak, as investors reacted to ongoing uncertainties in the Middle East. The Korean won also weakened against the U.S. dollar.
South Korean stocks surged more than 5 percent, driven by a strong semiconductor rally, with the benchmark Korea Composite index strengthening. This market boost is attributed to the ongoing US chip giant Nvidia's global artificial intelligence conference, despite broader Middle East uncertainties.
South Korean stocks pared earlier losses to close nearly unchanged Friday on a growing appetite for autos and defense firms amid the ongoing Middle East crisis.
South Korean stocks started 3.09 percent higher Thursday after the previous session's daily record drop of over 12 percent on fears over a prolonged Iran crisis, while Wall Street rebounded and oil…
South Korean stocks have experienced a significant plunge, interrupting a period of remarkable market performance. Experts believe it will take time for a stable equity base to re-form after this break in momentum.
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…
South Korean stocks pulled off a strong start Thursday as US chip giant Nvidia Corp.'s better-than-expected earnings report fueled a rally in semiconductor shares here. The benchmark Korea Composite S
South Korean stocks opened lower Tuesday, tracking overnight declines on Wall Street amid renewed uncertainty over US trade policy. The weakness followed losses in US markets as investors reacted to U
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