75 stories found
South Korean stocks experienced significant volatility, with the benchmark Kospi index sliding nearly 6 percent and triggering a circuit breaker. The decline was attributed to a widespread sell-off in chip-related stocks and broader market concerns.
The KOSPI index experienced a significant 5% spike on opening, driven by positive market reactions to Micron Technology's unexpectedly strong earnings report.
South Korea's Kospi index saw one of its worst trading days ever, falling approximately 10% in Tuesday's session, marking its steepest decline since March.
South Korea's benchmark Kospi index experienced a sharp reversal during intraday trading, plunging amidst heavy profit-taking after SK hynix became the market's most valuable listed company in the previous session.
A prominent investor, described as a '$1 Trillion Kospi Whale,' is reported to have made a grave mistake in their investment strategy related to the South Korean stock market.
Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8% UK companies opting to hire temporary workers over permanent staff, recruitment firms…
South Korea's Kospi index fell as the won sharply depreciated, nearing its 2009 low against the dollar. The government has pledged to take action to curb excessive volatility in the currency market.
The Kospi index opened higher following reports that the United States and Iran had reached an agreement to extend a cease-fire.
The KOSPI index ended its four-day winning streak, influenced by a pause in the AI rally and renewed tensions involving Iran.
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.
The KOSPI stock market index has experienced a decline.
Seoul's Kospi index has climbed above 8,000 points for the first time in its history, largely driven by a significant boom in AI-related stocks.
South Korea's benchmark Kospi index experienced a significant drop after an influential policy adviser floated the idea of a 'citizen dividend' from AI gains, later clarifying that the proposal involved tapping into 'excess tax revenue' generated by the AI boom. The market reaction was also sparked by threats of an 'AI tax' on profits.
JPMorgan has raised its bull case target for South Korea's Kospi index to 10,000, citing a significant boom in the memory chip sector.
While attention is on the 'Magnificent Seven,' South Korea’s KOSPI index has quietly achieved a 75% gain since January, making it a top tech trade.
The Kospi index has experienced a rapid rally, surpassing 7,000 for the first time and then topping 7,400. This significant surge has seen it outpace the S&P 500.
The Kospi index is experiencing a record-setting rally, challenging the traditional 'Sell in May and go away' market adage.
The Kospi stock index breached 6,700 and topped 6,750, extending its record run before retreating due to concerns about market overheating.
The Kospi index has once again reached a fresh peak, driven by anticipation ahead of the release of earnings reports from major U.S. technology companies.
A strong rally in South Korea's Kospi index has led to a significant increase in reshoring investment accounts, with balances now surpassing 1 trillion won ($675 million) as retail funds return from overseas markets.
South Korea's KOSPI stock index reached an all-time high, propelled by optimism in the chip sector and a broader tech rally. This milestone was achieved amidst mixed performance across other Asian markets.
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.
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...
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.
Economists are warning that the Kospi index topping 6,000 masks a K-shaped divide in the South Korean economy, indicating uneven recovery and growth.
South Korea's National Pension Service (NPS) is estimated to potentially sell up to 74 trillion won ($47.9 billion) in domestic equities if the Kospi index surpasses 9,000, according to the financial investment industry. This potential selling could significantly impact the market.
South Korea's KOSPI index saw a significant rebound, gaining over 330 points on Wednesday, recouping a large portion of the previous day's nearly 10 percent plunge, driven by a recovery in chip stocks.
The South Korean stock market experienced a sharp correction, with the Kospi index falling 10% from its historical highs, leading authorities to halt trading in Seoul. This caused shock across Asian markets.
Debt-funded stock investing by South Korean retail investors has led to a record 38 trillion won ($24.8 billion) in outstanding margin loans, as the Kospi index climbed to a record 9,000 mark. This surge is driven by investments in companies like Samsung Electronics and SK hynix.
South Korea's Kospi index has extended its losses, driven by declines in chipmaker stocks and broader market jitters related to ongoing geopolitical conflicts.
A 5.54 percent crash in the KOSPI index reportedly led to a 12 percent disaster for KF, with a closed-end wrapper doubling the damage.
Goldman Sachs forecasts an additional 35-40% upside for South Korea's Kospi index, which has already seen a significant surge this year. This prediction comes amidst a strong performance in the global stock market, with some markets doubling in value.
South Korea's national pension fund has raised its target for domestic stock holdings as the Kospi index experiences a significant rise.
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 Korea's benchmark KOSPI index surged by more than 8 percent after a deal was reached to prevent a planned strike at Samsung, the country's top memory chip maker.
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.
South Korea's KOSPI index closed at a new record high, approaching the 8,000 mark, with market sentiment boosted by the ongoing US-China summit.
Experts are discussing current market trading strategies, with a Goldman strategist offering insights into the future of the Kospi index amidst unchanged U.S. futures and ongoing Iran talks.
The record-breaking rally of South Korea’s benchmark Kospi index has sparked a significant increase in investor enthusiasm, leading to a 305 percent jump in sales of domestic stock-related books at Yes24, the country's largest online bookseller.
The Kospi stock market index has surpassed the 7,500-point mark following an extended rally.
South Korea's Kospi index surpassed the 7,000-point mark for the first time, but concerns are rising due to a surge in short selling and leveraged bets. Fears of a sharp reversal are growing despite the milestone.
The Kospi index has surpassed the 6,900 mark, achieving a new intraday high, reflecting strong performance in the South Korean stock market.
The Kospi index has continued its rally, closing at a record high, even as foreign investors engaged in selling activities.
The South Korean benchmark Kospi index surged to a new high, topping 6,700 points during intraday trading and approaching the 7,000-point threshold. This extends its strong upward momentum.
Japan's Nikkei index and South Korea's KOSPI index both closed at record highs, driven by factors such as tech gains and strong earnings prospects. The KOSPI notably surpassed 6,400 for the first time.
South Korea's benchmark stock index, Kospi, breached its pre-Middle East crisis high and is poised to reach a new peak.
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.
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.
South Korea's Kospi index experienced a dramatic 12% tumble, triggering a trading suspension after a significant sell-off led by market heavyweights.
South Korea's KOSPI index has surged by 175% driven by AI momentum, but concerns are growing over intensifying concentration risks within the market.
Micron Technology announced blockbuster earnings, with its stock jumping over 16% in premarket trading, driven by surging demand for AI chips. This performance has also led to a significant rally in the KOSPI index.
South Korean stocks, as measured by the Kospi index, opened higher on Wednesday, showing resilience despite significant sell-offs in US semiconductor shares. The benchmark index saw a notable increase in early trading.
South Korea's KOSPI index fell by nearly 10%, leading to a trading halt, as investors reacted to regulator warnings on leveraged ETFs and renewed fears of an IT bubble.
The South Korean benchmark Kospi index surpassed the 9,000-point mark in intraday trading for the first time, driven by a rally in semiconductor stocks despite the US Federal Reserve's hawkish policy stance.
South Korea's benchmark Kospi index rebounded, driven by a strong rally in chip manufacturing stocks.
Futures are lower, reflecting fresh underperformance in the tech sector and a plunge in the Kospi index, as the AI trade experiences another setback.
Goldman Sachs has raised its target for the Kospi index to 12,000 and upgraded Taiwan's market to a 'Buy' rating.
South Korea's national pension fund plans to invest more in local stocks, capitalizing on the recent rally of the KOSPI index. This strategic move aims to leverage domestic market performance.
Seoul's Kospi index has scaled to another new peak, with the rally in chip-related stocks continuing to drive the market's strong performance.
The Korea Exchange (KRX) has issued a buy-side sidecar for the KOSPI index following a sharp increase in the market.
The surging interest and investment in artificial intelligence technology have significantly boosted Seoul's Kospi index, pushing it above the 8,000 point threshold.
South Korean officials' suggestion of a "citizen dividend" funded by future AI gains caused significant market volatility, leading to a retreat in the Kospi index. The proposal sparked concerns and prompted a notable reaction in the stock market.
South Korea's benchmark Kospi stock index has surged to a new peak, climbing above 7,800 points. The rally was primarily fueled by gains in the chip sector.
The South Korean benchmark Kospi index extended its gains, closing at 7,498, just below the 7,500-point threshold after reversing earlier losses.
South Korea's KOSPI stock index has surpassed the 7,000 mark for the first time, driven by a strong rally in AI chip-related stocks.
Korea's initial public offering market continues to experience a lull, with new listings sharply down from the previous year, even as the benchmark Kospi index approaches the 7,000 mark.
South Korea's KOSPI index concluded its three-day winning streak, falling after reaching a new record high, influenced by a surge in oil prices and subsequent profit-taking by investors.
The South Korean benchmark Kospi index surged to a new record high, closing at 6,641.02 and rapidly approaching the 7,000-point threshold.
South Korea’s benchmark Kospi index extended its record rally for a third consecutive session, closing at 6,475.81 points. The surge was primarily driven by strong corporate earnings.
South Korea’s benchmark Kospi index rose to a fresh intraday high, surpassing its previous record set before the Iran war. Easing geopolitical tensions have lifted risk sentiment, contributing to the market's strong performance.
Asian stock markets experienced a rebound, with the Kospi index surpassing its pre-war peak, as investors focused on potential peace talks involving Iran and easing regional tensions.
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.
Korea's KOSPI index has surged 11% in a historic rebound, outpacing cryptocurrency markets.
Down another 6.7% following a 7.2% drop in the previous session, the high-flying Kospi Index entered a technical correction in just three sessions.
South Korea's Kospi stock index has seen a remarkable gain of over 40% this year, breaking above the 6000-point mark.