Market

  • AJP Focus: The day the market crowned memory — and why Korea must not mistake the jackpot for the journey
    AJP Focus: The day the market crowned memory — and why Korea must not mistake the jackpot for the journey SEOUL, May 28 (AJP) - May 27, 2026, is likely to be recorded as a turning point in the history of both global capital markets and the artificial-intelligence industry. The day's gains were not merely another rally in technology shares. They were a symbolic demonstration of where industrial power now resides in the age of AI, of what determines national competitiveness in the twenty-first century, and of how strong companies, strong markets and strong economies form a single virtu May 28, 2026
  • Foreign investors collected more in Korean dividends than domestic retail in 2025
    Foreign investors collected more in Korean dividends than domestic retail in 2025 SEOUL, May 28 (AJP) - Foreign investors collected a larger share of dividends from South Korean listed companies than domestic individual investors did last year, drawing 11.89 trillion won ($7.9 billion) as record corporate payouts — swollen by the semiconductor boom — flowed disproportionately to overseas shareholders. Total dividends paid by companies with December fiscal years reached 37.75 trillion won, up 16.9 percent from a year earlier, according to data releas May 28, 2026
  • KOSPI flattens as foreign selling and narrow breadth test record run
    KOSPI flattens as foreign selling and narrow breadth test record run SEOUL, May 28 (AJP) - South Korea's benchmark KOSPI traded little changed on Thursday morning after hitting a record high the previous day, as foreign investors turned net sellers and the artificial intelligence (AI)-driven rally broadened beyond the country's two chip giants that had carried the market into batteries, displays and components. About an hour after trading began, the index stood at 8,220.63, down 0.1 percent, after briefly slipping toward 8,080 before recoveri May 28, 2026
  • Samsung Electronics poised to join US$2 trillion club on memory upcycle, KB Securities forecasts
    Samsung Electronics poised to join US$2 trillion club on memory upcycle, KB Securities forecasts SEOUL, May 28 (AJP) - Samsung Electronics is poised to reach a US$2 trillion market capitalization, KB Securities said Thursday, citing an intensifying memory upcycle, the chipmaker's leverage to Nvidia's next-generation Vera Rubin platform, and an emerging humanoid robotics strategy anchored by ties to Hyundai Motor Group. The brokerage raised its target price on Samsung to 530,000 won from 450,000 won, its second upgrade in two weeks following a 15 May revision. With the s May 28, 2026
  • Retail money floods leveraged chip ETFs as Koreas chip rally finds new outlet
    Retail money floods leveraged chip ETFs as Korea's chip rally finds new outlet SEOUL, May 28 (AJP) - South Korea's red-hot semiconductor rally spilled into the exchange-traded fund market Wednesday, as the country's first single-stock leveraged ETFs tied to Samsung Electronics and SK hynix drew explosive trading on their debut, giving retail investors a leveraged route into an already crowded chip trade. Sixteen leveraged and inverse ETFs linked to Samsung Electronics and SK hynix were listed simultaneously, generating a combined trading value of abo May 28, 2026
  • KOSPI closes at record high as Korea outperforms Asian markets
    KOSPI closes at record high as Korea outperforms Asian markets SEOUL, May 27 (AJP) - South Korean KOSPI lead the gain in major Asian markets Wednesday, with the KOSPI closing at a fresh record high above the 8,200 level, driven by a concentrated rally in semiconductor and artificial intelligence-linked large-cap shares. The benchmark KOSPI rose 2.25 percent, or 181.19 points, to close at 8,228.70. The index opened higher and climbed as much as 5.09 percent to 8,457.09, crossing the 8,400 level for the first time, before paring gains. Elsew May 27, 2026
  • KOSPI rally cuts Koreas net external assets as foreign-held stocks surge
    KOSPI rally cuts Korea's net external assets as foreign-held stocks surge SEOUL, May 27 (AJP) - South Korea’s external financial liabilities posted their fourth-largest quarterly increase on record in the first quarter, driven mainly by a sharp rise in the value of domestic stocks held by foreign investors. External financial liabilities refer to Korean assets owned by foreign investors, including local stocks and bonds. When the domestic stock market rises, the value of those foreign-held assets also increases, mechanically expanding Korea& May 27, 2026
  • AJP Watch: Liquidation frequency flags deep retail loss in Koreas stock craze
    AJP Watch: Liquidation frequency flags deep retail loss in Korea's stock craze SEOUL, May 27 (AJP) - KOSPI is on fire, surging more than 93 percent so far this year. But the bonanza has hardly been evenly shared. On Wednesday, decliners overwhelmed gainers 826 to 75 even as the benchmark index closed near a record 8,330, underscoring how narrowly concentrated the world's best-performing rally has become. The imbalance also helps explain why South Korean retail investors were forced to dump borrowed stocks on one out of every six trading days over the past May 27, 2026
  • Number of newborns in S. Korea reaches highest in seven years
    Number of newborns in S. Korea reaches highest in seven years SEOUL, May 27 (AJP) - The number of newborns in South Korea in March rose above 25,000, marking the highest level for the month in seven years, government data showed Wednesday. The rebound in births has now extended into a second straight year, supported by a rising number of marriages and more births among women in their early and late 30s. According to South Korea’s monthly population data for March released by the Ministry of Data and Statistics, 25,200 babies were born May 27, 2026
  • Mirae Asset lifts target prices for Samsung and SK hynix, citing memory re-rating
    Mirae Asset lifts target prices for Samsung and SK hynix, citing memory re-rating SEOUL, May 27 (AJP) - Mirae Asset Securities has raised its target prices for Samsung Electronics and SK hynix on Wednesday, arguing that South Korea's two memory makers remain steeply undervalued against global peers even after this year's rally, a call based on a re-rating of valuations rather than any upgrade to earnings forecasts. The brokerage lifted its target for Samsung Electronics to 550,000 won ($366.7) from 480,000 won, up 14.6 percent, and for SK hynix to 3.8 mil May 27, 2026