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Results for "Kospi index"

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Asian Stocks Rebound Amid Focus on Iran Peace Talks
FinanceKorea Heraldchannel-news-asia15d ago2 sources

Asian Stocks Rebound Amid Focus on Iran Peace Talks

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 Korea and Japan bear brunt of global stock sell-offs amid oil shock
BusinessSCMP1mo ago

South Korea and Japan bear brunt of global stock sell-offs amid oil shock

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 stock market plunges over potential Iran-related energy crisis
BusinessbloombergFrance 242mo ago2 sources

South Korean stock market plunges over potential Iran-related energy crisis

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.

Kospi Breaks 7,000 Amid Short Selling Concerns
FinanceKorea Herald8h ago

Kospi Breaks 7,000 Amid Short Selling Concerns

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.

South Korea's Kospi Index Reaches New High
BusinessKorea Herald8d ago

South Korea's Kospi Index Reaches New High

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.

Nikkei and KOSPI Stock Indexes Reach Record Highs
FinanceKorea Heraldmainichi-englishyonhap-english14d ago3 sources

Nikkei and KOSPI Stock Indexes Reach Record Highs

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.