Market
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KOSPI's star winners show why Seoul market shines in the AI transition
SEOUL, February 19 (AJP) — South Korea’s benchmark KOSPI has emerged as the world’s best-performing major equity index so far in 2026, extending a record-breaking rally and decisively shaking off the long-standing “Korea discount.” The index has more than doubled since the end of 2024, rising nearly 34 percent this year alone after a 75.6 percent surge in 2025. No other major global benchmark has matched its year-to-date performance, reflecting a st
February 19, 2026
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Seoul indices turbocharged after three-day break, hit another milestone
SEOUL, Feb. 19 (AJP) – Seoul bourses returned from a three-day Lunar New Year break on Thursday with strong gains, fueled by robust demand for technology and chip shares amid signs of easing U.S. inflation. U.S. January consumer prices rose 2.4 percent year on year, the slowest pace in eight months. Core inflation, which excludes food and energy, increased 2.5 percent, marking its lowest rise since March 2021. Nvidia climbed 1.63 percent overnight after reports that Met
February 19, 2026
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Hedge funds pile into Asia as memory boom powers Korean rally
SEOUL, February 17 (AJP) -Global funds are ramping up bets on Asian equities, led by tech-heavy South Korea and Japan, as a historic shortage in memory chips fuels one of the strongest regional rallies in decades. According to a client note from Goldman Sachs, hedge funds bought a record amount of Asian stocks in the week to Friday, targeting both developed and emerging markets. Inflows were concentrated in Korea, Taiwan and China, while India saw modest selling. Exposure to Asian
February 17, 2026
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Kbank up for retail subscription Fri ahead of March 5 IPO, 30% discounted vs online peer
SEOUL, February 17 (AJP) -Kbank, South Korea’s first online-only lender, will open retail subscriptions from Friday to Monday ahead of its March 5 debut on the main board, seeking to capitalize on a strong rally in the KOSPI with a relatively conservative valuation as the first Korean IPO for 2026. The lender has set its offering price at 8,300 won ($5.75), the bottom of its indicative range of 8,300 to 9,500 won, following institutional bookbuilding earlier this month. Kbank
February 17, 2026
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South Korean financial stocks lead market gains in February
SEOUL, February 16 (AJP) - South Korean financial stocks surged this month as the benchmark KOSPI index hit a series of record highs. The securities index jumped 24.5 percent from Jan. 30 to Feb. 13, rising to 7,684.70 from 6,172.47, far outpacing the KOSPI's 5.31 percent gain over the same period, according to data from the Korea Exchange released Monday. The KOSPI 200 Financials index, composed of 22 stocks including financial holding companies, banks and in
February 16, 2026
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KOSPI least hit by broad foreigners' regional pullout ahead of long holiday
SEOUL, February 13 (AJP) -South Korean shares ended slightly lower Thursday after touching fresh record highs, the least affected in the region by broad foreign withdrawals from East Asian markets ahead of a lengthy Lunar New Year break next week. The benchmark KOSPI fell 0.28 percent to close at 5,507.01, snapping a four-day winning streak. The index climbed as high as 5,583.74 during the session, extending its record, before retreating in afternoon trading. Market flows remain
February 13, 2026
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Bonus polarization deepens as Lunar New Year exposes divide in Korean Inc.
SEOUL, February 13 (AJP) - As millions of South Korean breadwinners return home for the Lunar New Year, many do so with thinner envelopes and tighter wallets. This year’s Seollal holiday arrives amid an uncomfortable contrast: a red-hot stock market and record-breaking bonus payouts at a handful of corporate champions, even as a growing share of companies scale back seasonal bonuses. According to a survey by the Korea Enterprises Federation, 58.7 percent of companies paid S
February 13, 2026
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Korean shares hold ground amid thin Asian trade ahead of long holiday
SEOUL, February 13 (AJP) — South Korean shares held firm Thursday despite broad losses and subdued trading across Asia ahead of the Lunar New Year holiday, supported by renewed optimism over the semiconductor sector. Wall Street tech stocks fell overnight on concerns that artificial intelligence could disrupt the traditional software industry, dampening regional sentiment. However, strong earnings from Japan’s chipmaker Kioxia lifted investor confidence in South Korea,
February 13, 2026
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KOSPI lands above another 5,500 milestone
SEOUL, February 12 (AJP) —South Korea’s benchmark KOSPI towered over regional peers on Thursday, setting a fresh record above the 5,500 mark on strong foreign and institutional buying. The benchmark index rose 3.1 percent to close at 5,522.3, up 167.8 points on the session. Foreign investors bought a net 3.0013 trillion won ($2.08 billion), while institutions added 1.3668 trillion won. Retail investors sold 4.4474 trillion won, locking in gains after the recent rall
February 12, 2026
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Seoul embarks on massive cleanup of penny stocks while market is hot
SEOUL, Feb 12 (AJP) - Hoping to keep alive the sizzling momentum in the Korean stock market, now ranked among the world’s top 10 by valuation, Seoul has toughened rules to clean out zombie stock names. According to a new set of delisting requirements unveiled Thursday by the Financial Services Commission (FSC), members of the KOSPI will face stronger market capitalization and financial health standards, similar to those applied to the smaller KOSDAQ. As of September 2024,
February 12, 2026