Market

  • Kbank up for retail subscription Fri ahead of March 5 IPO, 30% discounted vs online peer
    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
  • South Korean financial stocks lead market gains in February
    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
  • KOSPI least hit by broad foreigners regional pullout ahead of long holiday
    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
  • Bonus polarization deepens as Lunar New Year exposes divide in Korean Inc.
    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
  • Korean shares hold ground amid thin Asian trade ahead of long holiday
    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
  • KOSPI lands above another 5,500 milestone
    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
  • Seoul embarks on massive cleanup of penny stocks while market is hot
    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
  • Korean won recovery capped by capital outflows despite weaker dollar
    Korean won recovery capped by capital outflows despite weaker dollar SEOUL, Feb 12 (AJP) -Despite a broad retreat in the U.S. dollar, the South Korean won has failed to stage a meaningful recovery, frustrating authorities attempting to break what officials increasingly describe as a cycle of “structural undervaluation.” According to data released Thursday by the Bank of Korea, the won-dollar exchange rate stood at 1,459.1 as of Feb. 10, marking a 1.4 percent depreciation from December’s average of 1,439. The decline came even a February 12, 2026
  • Chip surge pushes KOSPI past 5,400 amid broader Asian gains
    Chip surge pushes KOSPI past 5,400 amid broader Asian gains SEOUL, February 12 (AJP) – Major Asian stock markets advanced on Thursday, led by semiconductor shares after strong gains in U.S. chipmakers boosted optimism about the sector, while Japanese equities extended their rally. Shares of U.S. memory chipmaker Micron Technology surged nearly 10 percent overnight after the company said it was supplying sixth-generation high-bandwidth memory (HBM4) chips to Nvidia without disruption, quelling speculation it had been excluded from the February 12, 2026
  •  KOSPI stands out as regional winner as Tokyo stays closed
    KOSPI stands out as regional winner as Tokyo stays closed SEOUL, February 11 (AJP) -South Korean shares emerged as regional winners on Wednesday, with Japanese markets closed for the National Foundation Day, as strong foreign and institutional buying and easing currency pressure lifted investor sentiment. The benchmark KOSPI rose 1.0 percent to close at 5,354.5, extending its rebound as heavyweight stocks regained momentum. The KOSPI 200 advanced 1.02 percent to 788.8, reflecting renewed strength in large-cap names. Foreign and inst February 11, 2026