Market

  • Hot Stock: Hanwha Systems almost hits the ceiling on Trump-era military ambitions
    Hot Stock: Hanwha Systems almost hits the ceiling on Trump-era military ambitions SEOUL, January 09 (AJP) - Shares of Hanwha Systems surged close to the daily trading ceiling on Friday, fueled by expectations of a sharp increase in U.S. military spending. The stock jumped as much as 24.7 percent to 75,200 won ($51.7) intraday before paring gains to 74,200 won by 2:30 p.m., far outperforming the benchmark KOSPI, which was up less than 0.5 percent. The rally followed remarks by U.S. President Donald Trump, who vowed to raise the U.S. defense budget by more than January 9, 2026
  • After a string of EV contract losses, LG Energy Solution reports Q4 loss
    After a string of EV contract losses, LG Energy Solution reports Q4 loss SEOUL, January 9 (AJP) - LG Energy Solution, having endured multiple headwinds including a labor raid at its U.S. plant and the cancellation of major battery supply contracts, swung to an operating loss in the fourth quarter, even as full-year profit more than doubled on strong data-center-driven demand for energy storage systems. In preliminary earnings released Friday, the South Korean battery maker reported full-year operating profit of 1.35 trillion won ($1.0 bi January 9, 2026
  • Asian stocks mostly in the positive on chip and robotics expectations
    Asian stocks mostly in the positive on chip and robotics expectations SEOUL, Jan. 9 (AJP) —Asian stocks kept to the positive despite profit-taking offensive Friday on halo effect from regional chip and robotics strengths. The KOSPI swung back and forth the positive and negative as foreigners took profits. As of11;30, the KOSPI was 0.4 percent higher at 4,571.36 and the KOSDAQ nearly flat at 944.75. Retail investors were net buyers of about 615.1 billion won ($458 million), while institutions bought roughly 277.5 billion won. Foreign invest January 9, 2026
  • Foreign investors appetite for South Korean stocks recovers
    Foreign investors' appetite for South Korean stocks recovers SEOUL, Jan. 9 (AJP) - Foreign investors returned to the South Korean stock market, net purchasing over 9 trillion won in December alone, according to data released by the Financial Supervisory Service (FSS) on Friday. Foreigners snapped up 1.52 trillion Korean won (US$1 billion) in stocks and 7.89 trillion won in bonds, marking a decisive return after a brief retreat in November last year. The appetite was concentrated on the KOSPI, with net purchases totaling 1.67 trillion won January 9, 2026
  • Tax may be one reason Koreans prefer overseas ETFs over home-based ones
    Tax may be one reason Koreans prefer overseas ETFs over home-based ones SEOUL, January 08 (AJP) - Authorities have blamed overseas securities investment for the stubborn weakness of the Korean won and have rolled out incentives to encourage capital to return home. But for many individual investors, tax treatment remains a decisive reason to stick with foreign exchange-traded funds (ETFs). An investor who generates 30 million won ($20,691) in profits from Korea-listed ETFs within a pension account would take home about 19.1 million won after tax. That January 8, 2026
  • Shipbuilders lift South Korean stocks as Asian markets trade mixed
    Shipbuilders lift South Korean stocks as Asian markets trade mixed SEOUL, January 08 (AJP) - Asian equities were mixed on Thursday, while South Korean stocks ended marginally higher as a sharp rally in shipbuilding shares offset weakness in technology-heavy stocks. In Seoul, the benchmark KOSPI edged up 0.03 percent to close at 4,552.37, finishing largely flat as gains among shipbuilders countered declines elsewhere. Buying in the sector was driven by rising expectations of large shipbuilding and offshore project orders linked to Canada. The t January 8, 2026
  • KOSPI opens higher, briefly surpasses 4,600 mark
    KOSPI opens higher, briefly surpasses 4,600 mark SEOUL, January 8 (AJP) – The South Korean stock market opened higher on Thursday, with the benchmark KOSPI surpassing the 4,600 mark for the first time, as major chipmakers extended gains and retail investors poured into large-cap shares. About an hour after the market opened, the KOSPI soared 1.4 percent from the previous session to 4,615.70, while the tech-heavy KOSDAQ slipped 0.1 percent to 946.46. Investors showed a clear divergence in early trade as retail investors January 8, 2026
  • Retail traders bet on US markets as KOSPI rally continues
    Retail traders bet on US markets as KOSPI rally continues SEOUL, Jan. 7 (AJP) - While the KOSPI continues its record-breaking rally on Wednesday, breaching the 4,600-level for the first time in history, the unwavering appetite of South Korean retail investors for U.S. equities remains a dominant market force. According to data from Koscom ETF CHECK, the most net-purchased ETFs by retail investors over the past week were the TIGER US S&P 500 and KODEX US S&P 500. Individual traders poured nearly 350 billion Korean won (US$241.7 mill January 7, 2026
  • KOSPI remains regional winner, Hyundai Motor gains on CES momentum
    KOSPI remains regional winner, Hyundai Motor gains on CES momentum SEOUL, January 7 (AJP) — South Korean stocks remained the regional standout on Wednesday, extending their record-setting rally despite a broadly subdued mood across Asian markets. The benchmark KOSPI rose 0.6 percent to close at a fresh all-time high of 4,551.06. Foreign investors were the primary drivers, snapping up a net 1.25 trillion Korean won (US$930 million), while retail investors and institutions sold roughly 294 billion won ($219 million) and 940 billion won ($700 mi January 7, 2026
  • KOSPI unfazed in upward march as Asian markets turn subdued
    KOSPI unfazed in upward march as Asian markets turn subdued SEOUL, January 7 (AJP) - South Korean stocks surged Wednesday while most Asian markets traded lower, as renewed foreign buying and strength in artificial intelligence-related shares propelled the benchmark to fresh highs. In Seoul, the KOSPI rose 1.0 percent to 4,572.50 as of 11:00 a.m., extending its year-to-date rally and marking another record level. The advance followed a rotation in investor leadership, with foreign investors taking the baton from retail traders after Tuesday&# January 7, 2026