Market
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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
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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
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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
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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
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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
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Hot Stock: HD Hyundai Heavy Industries gains over 6% on LNG carrier order
SEOUL, January 06 (AJP) - Shares of HD Hyundai Heavy Industries surged more than 6 percent on Tuesday after its parent secured a major LNG carrier order, reinforcing expectations for a strong orderbook this year. The stock closed up 6.2 percent at 545,000 won, after climbing as high as 550,000 won during intraday trading. Buying interest intensified following news that HD Korea Shipbuilding & Offshore Engineering (HD KSOE) had landed a 1.5 trillion won ($1.02 billion) contract t
January 6, 2026
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Seoul's all-out defense of the won takes heavy toll on FX reserves Dec
SEOUL, January 06 (AJP) - South Korea’s foreign-exchange reserves fell by nearly $3 billion in December, marking the largest monthly decline among major reserve-holding economies and underscoring the cost of aggressive market intervention to defend the won. According to data released Tuesday by the Bank of Korea, the country’s FX reserves stood at $428.05 billion at end-December 2025, down $2.6 billion from the previous month. While the headline figure remains substant
January 6, 2026
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KOSPI blasts through 4,500, stealing the spotlight in a solid Asian session
SEOUL, Jan. 6 (AJP) — Asian markets were broadly in the green on Tuesday, but one market didn’t just rise — it showed off. South Korea’s benchmark KOSPI smashed through the long-watched 4,500 level, capping a blistering start to the year that has already rewritten the index’s record book. The rally has been fast, loud and unapologetic: more than 13 percent in under two weeks, with 4,300 and 4,400 barely registering as speed bumps. Retail investors,
January 6, 2026
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HOT STOCK: Hyundai Motor jumps over 4% early Tuesday on robotics timeline
SEOUL, January 6 (AJP) - Shares of Hyundai Motor surged in early trading Tuesday, as investors cheered the company's newly unveiled AI and robotics roadmap at CES 2026, fueling optimism that growth engines beyond its core automotive business are taking clearer shape. As of 9:14 a.m., Hyundai Motor was trading at 317,500 won(US$235), up 13,000 won, or 4.27 percent, from the previous close of 304,500 won. The stock briefly climbed as high as 330,000 won before paring gains amid br
January 6, 2026
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KOSPI takes breather while Asian markets stay broadly strong
SEOUL, January 06 (AJP) - South Korean stocks took a pause on Tuesday after a relentless rally since year-end, while broader Asian markets largely maintained upward momentum following overnight gains on Wall Street, despite lingering geopolitical jitters tied to Venezuela. In Seoul, the benchmark KOSPI edged down 0.1 percent to 4,451.94 as of 11:00 a.m., as institutional investors locked in profits after the index recently scaled fresh record highs. The tech-heavy KOSDAQ also slip
January 6, 2026