Market

  • Reality bites as Koreas retail investors struggle to escape leverage trap
    Reality bites as Korea's retail investors struggle to escape leverage trap SEOUL, July 23 (AJP) - Reality bites, and it takes a strong stomach to survive the KOSPI reality show, where billions of won in retail wealth disappear every trading day. Panic flashes across online stock forums. "Save me. I'm trapped at 22,000 won," one investor wrote, unsure whether to sell or keep holding a Samsung Electronics 2x leveraged exchange-traded fund bought near that price. The desperation reflects what is becoming a familiar pattern. According to July 23, 2026
  • Foreign buying lifts KOSPI more than 4%
    Foreign buying lifts KOSPI more than 4% SEOUL, July 23 (AJP) - Foreign investors bought a net 2.14 trillion won (US$1.46 billion) worth of shares on the KOSPI on Thursday, helping lift the index more than 4 percent as individual investors sold throughout the rally. The KOSPI closed at 7,096.89, up 299.19 points or 4.4 percent, while the tech-heavy KOSDOAQ rose 5.2 percent to 790.28, led by gains in biotechnology stocks. Other major Asian markets moved in the same direction but with far less force, with Japan's Nikk July 23, 2026
  • Crypto trading in South Korea sinks as investors flock to stocks
    Crypto trading in South Korea sinks as investors flock to stocks SEOUL, July 23 (AJP) - Trading at South Korea's major cryptocurrency exchanges has plunged to a fraction of the stock market's level amid a prolonged slump in the digital asset market, as investors shift funds to stocks, industry data showed on Thursday. The average daily trading volume at South Korea's five major crypto exchanges - Bithumb, Coinone, Korbit, Gopax and Upbit - stood at 597.8 billion won (US$400 million) during the first 21 days of this month, according July 23, 2026
  • Koreas SME loan delinquencies hit 11-year high
    Korea's SME loan delinquencies hit 11-year high SEOUL, July 23 (AJP) —South Korean small and medium-sized enterprises (SMEs) are falling behind on bank loan repayments at the fastest pace in 11 years, further exposing an economy heavily dependent on large chipmakers and a few big manufacturers. According to data released Wednesday by the Financial Supervisory Service (FSS), the delinquency ratio, the share of bank loans that were more than one month overdue, rose to 0.67 percent at the end of May from 0.61 percent in Apri July 23, 2026
  • KOSPI vaults past 7,000 as foreigners chase chips
    KOSPI vaults past 7,000 as foreigners chase chips SEOUL, July 23 (AJP) - Seoul's KOSPI retested 7,000 mark at Thursday's open on as foreign investors kept up buying position for the second session, mostly pivoted toward semiconductor and chip-component names. The index rose 3.4 percent 7,031.09, with foreigners the lone net buyers as individuals and institutions sold into the advance. Foreigners bought a net 680.5 billion won of shares in early trade, against individual selling of 640 billion won as retailers took the July 23, 2026
  • Foreign investors return lifts KOSPI ahead of key big tech earnings
    Foreign investors' return lifts KOSPI ahead of key big tech earnings SEOUL, July 22 (AJP) - Foreign investors extended their buying streak to a third consecutive session on Wednesday, helping lift the benchmark KOSPI higher despite caution among investors ahead of U.S. big tech earnings, which could determine whether the recent rally in artificial intelligence (AI)-related stocks can be sustained. The KOSPI rose 0.74 percent to close at 6,797.70 points after surging as much as 6 percent during the session, but gave up most of its gains in late tradin July 22, 2026
  • S&P lifts Samsung outlook as AI memory boom gathers pace
    S&P lifts Samsung outlook as AI memory boom gathers pace SEOUL, July 22 (AJP) — Global ratings agency S&P Global Ratings has made its call on Samsung Electronics, betting that an AI-driven memory supercycle will drive at least two more years of strong earnings growth. The agency revised its outlook on the chipmaker to positive from stable, saying favorable industry conditions, including strong demand for high-bandwidth memory (HBM) and a prolonged supply shortage, are likely to support memory prices through 2027. "The po July 22, 2026
  • KOSDAQ gains new life from robotics jolt
    KOSDAQ gains new life from robotics jolt SEOUL, July 22 (AJP) - Robotics stocks jolted the lethargic KOSDAQ market awake on Wednesday as investors bet that Samsung Electronics’ newly elevated robotics ambitions, military demand and Nvidia’s physical AI vision could turn South Korea’s equipment supply chain into the next major technology theme. Industrial robotics and automation company T-Robotics hit the daily ceiling, surging 29.95 percent to 12,540 won and leading gains on the secondary market. The m July 22, 2026
  • Korean stocks lead Asia as chip rally sends KOSPI above 7,000
    Korean stocks lead Asia as chip rally sends KOSPI above 7,000 SEOUL, July 22 (AJP) - Korean stocks led Asian markets by a wide margin Wednesday morning, driven by heavy foreign buying in semiconductor shares after a sharp overnight rally in U.S. chipmakers revived expectations for continued artificial intelligence infrastructure investment. The benchmark KOSPI was trading 5.6 percent higher at 7,125.8 as of 10:30 a.m., outperforming Japan's Nikkei 225, which gained 1.9 percent to 67,512.1. China's Shanghai Composite and Hong Kong July 22, 2026
  • AI-theme stocks turbocharge KOSPI above 7,100 mark
    AI-theme stocks turbocharge KOSPI above 7,100 mark SEOUL, July 22 (AJP) - AI-theme turbocharged South Korean chip and robotics stocks on Wednesday, sending both the main and secondary market indices well above 5 percent as big-tech earnings reaffirmed AI demand and investment. A buy-side sidecar was triggered on the KOSPI at 9:06:02 a.m., halting program buying for five minutes after the KOSPI 200 futures index surged 5.40 percent. As of 9:06 a.m., the KOSPI was up more than 6.1 percent at 7,155.5, while the tech-heavy KOSDAQ July 22, 2026