Market

  • KOSPI unfazed by geopolitical risks in its record-setting winning streak
    KOSPI unfazed by geopolitical risks in its record-setting winning streak SEOUL, February 20 (AJP)- South Korean shares extended their relentless rally in early Friday trading, brushing off global market weakness and rising geopolitical tensions between the United States and Iran. The benchmark KOSPI surged past the 5,700 mark to set another record high. As of 10:50 a.m., the index was up 1.26 percent at 5,748.65. The tech-heavy KOSDAQ slipped 0.25 percent to 1,157.77. In regional markets, Hong Kong’s Hang Seng Index opened lower after a holida February 20, 2026
  • Samsungs historic surge lifts KOSPI to record close
    Samsung's historic surge lifts KOSPI to record close SEOUL, February 19 (AJP) - South Korea's benchmark KOSPI set a fresh record on Thursday as trading resumed following the Lunar New Year break, led by Samsung Electronics' historic close above 190,000 won. A buy-side sidecar was triggered on the KOSDAQ at 10:41 a.m. amid an aggressive rally in mid- and small-cap shares. The KOSPI jumped 3.1 percent to close at 5,677.3 points, marking a fresh all-time high after hitting an intraday peak of 5,681.7. The strong upward momentu February 19, 2026
  • KOSPIs star winners show why Seoul market shines in the AI transition
    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
  • Seoul indices turbocharged after three-day break, hit another milestone
    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
  • Hedge funds pile into Asia as memory boom powers Korean rally
    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
  • 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