AJP Briefing

  • KOSPI rises nearly 2% on chip gains as yields, oil ease
    KOSPI rises nearly 2% on chip gains as yields, oil ease SEOUL, September 22 (AJP) – Korean shares extended gains Tuesday on hopes that this week’s summit and United Nations meetings would bring greater clarity on U.S.-China relations and the war in Iran. The benchmark KOSPI stood at 7,135.97 as of 10:11 a.m., up 1.83 percent, after reaching 7,169.01 earlier in the session. Foreign investors bought a net 131.2 billion won ($96 million) of KOSPI shares, while institutions purchased 344.2 billion won and retail investors sold 800.7 billion September 22, 2026
  • KOSPI rises above 7,000 on record chip exports despite foreign selling
    KOSPI rises above 7,000 on record chip exports despite foreign selling SEOUL, Sept. 21 (AJP) - Record semiconductor exports lifted South Korea's KOSPI back above 7,000 on Monday. The rally rested largely on domestic institutions and Samsung Electronics, while foreign investors were net sellers again by the close. The benchmark index rose 1.65 percent or 113.49 points to 7,007.72, its first close above the mark since Sept. 9. Samsung jumped 4.98 percent. SK hynix gained only 0.59 percent. Institutions bought a net 1.49 trillion won (US$1.08 billion), while for September 21, 2026
  • Chip rally lifts KOSPI above 7,000
    Chip rally lifts KOSPI above 7,000 SEOUL, September 21 (AJP) - South Korea's benchmark index climbed back above 7,000 on Monday morning, lifted largely by chipmakers, while the broader market failed to keep pace. More stocks on the Korea Composite Stock Price Index (KOSPI) fell than rose. The index gained 100.94 points, or 1.5 percent, to 6,995.17. The index touched 7,007.10 shortly after trading began, marking its first climb above 7,000 in eight sessions, before retreating. Decliners outnumbered advancers, with 543 stocks September 21, 2026
  • KOSPI jumps 2.7% as chips rally on lower oil, yields
    KOSPI jumps 2.7% as chips rally on lower oil, yields SEOUL, September 18 (AJP) - South Korean stocks jumped nearly 3 percent Friday as falling oil prices and U.S. Treasury yields eased inflation concerns. Samsung Electronics and SK hynix led the broad rebound as foreign investors returned after uncertainties over rate decisions by the U.S. and Japanese central banks were removed. The benchmark KOSPI closed at 6,894.23, up 2.66 percent from the previous session. The index opened 2.54 percent higher at around 6,885 and climbed as high as 6,914.0 September 18, 2026
  • Sumair launches South Gyeongsang tour package from Gimpo
    Sumair launches South Gyeongsang tour package from Gimpo SEOUL, September 18 (AJP) - Regional airline Sumair has launched a package tour connecting Seoul-area travelers with smaller cities in South Gyeongsang Province, combining flights, accommodation, meals and local guides. The airline said Friday it partnered with the Gyeongnam Tourism Foundation and Hadong Nolluwa Cooperative to launch the three-day “South Coast Local Tour,” covering Sacheon, Namhae and Goseong. Sumair has operated four daily round trips between Gimpo and Sacheon sin September 18, 2026
  • KOSPI gains 1.8% as foreign buying lift market
    KOSPI gains 1.8% as foreign buying lift market SEOUL, September 18 (AJP) - South Korean stocks rebounded Friday morning as falling U.S. Treasury yields and oil prices lifted technology shares, with foreign investors leading the chip buying spree. As of 10:30 a.m., the benchmark KOSPI stood at 6,835.12, up 1.8 percent. The index opened sharply higher and climbed as high as 6,885.70 before trimming gains. Foreign investors bought a net 151.5 billion won ($109 million) of KOSPI shares, reversing course after eight consecutive sessions of n September 18, 2026
  • Foreign investors return to South Korean stocks after months of selling
    Foreign investors return to South Korean stocks after months of selling SEOUL, September 18 (AJP) - Foreign investors turned net buyers of South Korean stocks in August, ending seven months of selling, while sharply reducing their bond holdings, according to data released by the Financial Supervisory Service on Friday. They bought 344 billion won (US$249 million) worth of listed South Korean stocks in August, marking their first monthly net purchase since December last year. Most of the purchases were made on the main board, with foreign investors net buying 1.89 September 18, 2026
  • Fed hike stalls KOSPI as shipbuilders outrun chipmakers
    Fed hike stalls KOSPI as shipbuilders outrun chipmakers SEOUL, Sept. 17 (AJP) — Investors in Seoul rotated out of chipmakers and into shipbuilders on Thursday after the U.S. Federal Reserve raised interest rates for the first time since 2023, leaving the KOSPI flat as foreigners sold for a seventh straight session. Foreign investors dumped a net 2.3 trillion won ($1.6 billion) of shares, lifting their seven-session total above 13 trillion won, as SK hynix and Samsung Electronics slipped and HD Hyundai Heavy Industries jumped 6.6 percent. The September 17, 2026
  • Koreas first-half knowledge-services deficit tops $6bn amid AI use
    Korea's first-half knowledge-services deficit tops $6bn amid AI use SEOUL, Sept. 17 (AJP) — South Korea's knowledge-services trade deficit widened to $6.44 billion in the first half, the largest since the second half of 2010, as payments for overseas software and copyrights surged amid wider AI deployment, central bank data showed Thursday. The shortfall widened by $1 billion from the previous six months and was the second-largest half-year deficit in data going back to 2010, behind only the $7 billion deficit recorded in the second half of that year, September 17, 2026
  • KOSPI climbs as market absorbs Fed hike
    KOSPI climbs as market absorbs Fed hike SEOUL, September 17 (AJP) - South Korean stocks extended gains Thursday morning despite the U.S. Federal Reserve's first interest rate hike in more than three years, as easing oil prices and strength in defense and shipbuilding shares offset continued foreign selling. As of 10:30 a.m., the benchmark KOSPI stood at 6,756.11, up 0.6 percent. The index had climbed as high as 6,795.53 after opening sharply higher, before giving back part of the advance. It touched a session low of 6,710.58. Fo September 17, 2026