Market
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FSS to hold briefings on revised pharma, biotech disclosure rules
SEOUL, August 24 (AJP) - The Financial Supervisory Service (FSS) will hold four briefings in September to help pharmaceutical and biotech companies adapt to new disclosure rules, the financial watchdog said Monday. The sessions are intended to help market participants understand the revised requirements before they take effect, reducing the risk of filing errors that could lead to correction requests and delays in fundraising or listing schedules. The regulator will hold separate
August 24, 2026
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Hot Stock: Samsung SDI jumps over 7% on Samsung Display stake sale
SEOUL, August 24 (AJP) - Shares of Samsung SDI jumped more than 7 percent Monday after the battery maker decided to sell its stake in Samsung Display for about 4.45 trillion won ($3.2 billion), raising expectations that the proceeds could support its expansion in North America. Its shares traded at 512,000 won by midday, up 7.11 percent, or 34,000 won, from the previous session. The stock climbed as high as 522,000 won during intraday trading. The company disclosed Friday after
August 24, 2026
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Samsung Electronics slumps, SK hynix rises after record payout
SEOUL, August 24 (AJP) - Samsung Electronics fell almost 6 percent at Monday's open as investors sold into the largest shareholder return package a Korean company has ever approved, dragging the KOSPI down while the rest of the market climbed. The index shed 76.68 points to 6,836.27, a fall of 1.1 percent. The drag was almost entirely one stock. SK hynix rose 1.4 percent, the junior KOSDAQ market gained 1.5 percent, and shipping and non-ferrous metal shares led broad advances
August 24, 2026
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KOSPI rises on hopes for Samsung's huge shareholder return package
SEOUL, August 21 (AJP) - South Korean stocks extended their gains on Friday, with the benchmark KOSPI closing above 6,900 points. The index recovered from a sharp drop in morning trading as expectations for higher shareholder returns at Samsung Electronics and SK hynix helped offset pressure from rising U.S. Treasury yields. The KOSPI closed at 6,912.95, up 0.88 percent or 60.37 points from the previous session. It marked a second straight day of gains after the index surged 5.89 pe
August 21, 2026
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Won strengthens further as US Treasury selloff lifts domestic bond yields
SEOUL, August 21 (AJP) - The South Korean won extended its rally against the dollar on Friday, while government bond yields rose as a renewed selloff in U.S. Treasuries outweighed softer domestic price pressures. The won strengthened 6.8 won from the previous session to close daytime trading at 1,385.8 per dollar, compared with Thursday's 1,392.6. Exporter dollar selling and broader weakness in the U.S. currency continued to support the won after it broke below 1,400 earlier
August 21, 2026
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KOSPI opens lower as US yield worries return
SEOUL, August 21 (AJP) - South Korean stocks opened lower on Friday, giving back some of the previous session's sharp gains as higher U.S. Treasury yields, rising oil prices and losses on Wall Street weighed on investor sentiment. The benchmark KOSPI traded at 6,808.63 points at around 9 a.m., down 0.64 percent from the previous session. The junior KOSDAQ also fell 3.53 percent to 811.22, with losses considerably steeper among smaller growth stocks. The decline came after the
August 21, 2026
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Foreign investors continue selling South Korean stocks while buying bonds
SEOUL, August 21 (AJP) - Foreign investors extended their selling streak in South Korean stocks to seven consecutive months, offloading more than 31 trillion won worth of listed shares. By contrast, they remained net buyers of domestic bonds for a fourth straight month, investing about 2.4 trillion won. According to the Financial Supervisory Service (FSS) on Friday, foreigners were net sellers of 31.66 trillion won worth of listed stocks in July. They sold 30.78 trillion won on
August 21, 2026
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SK hynix buyback, foreign buying send KOSPI up nearly 6%
SEOUL, August 20 (AJP) - South Korean stocks rebounded sharply on Thursday, as a record share buyback plan sent SK hynix surging and foreign investors piled back into the country's semiconductor heavyweights following the previous day's rout. The benchmark KOSPI closed at 6,852.58 points, up 5.89 percent from the previous session, after rising as high as 6,904.55 during the day, as sharp gains in SK hynix and Samsung Electronics helped the index recover from Wednesday's
August 20, 2026
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Won extends gains, bonds end mixed
SEOUL, August 20 (AJP) - The South Korean won extended its gains against the U.S. dollar on Thursday, while government bond yields ended mixed as longer maturities drew support from a decline in U.S. Treasury yields. The won strengthened 5.1 won from the previous session to close daytime trading at 1,392.6 per dollar, compared with Wednesday's close of 1,397.7. It marked the second straight daytime close below 1,400 and the lowest closing level since Sept. 23, 2025, with the
August 20, 2026
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Chip equipment maker rides surprise rally in tandem with Moderna's triple-digit surge
SEOUL, August 20 (AJP) - Shares of semiconductor equipment maker N2TECH hit their daily limit on Thursday as investors rushed into related South Korean stocks following Moderna's positive results from a late-stage cancer vaccine clinical trial. N2TECH's shares closed at 1,925 won on the junior KOSDAQ, up 29.98 percent from the previous session. The stock opened at 1,831 won and fell as low as 1,646 won before rebounding to the daily limit. The rally came after U.S. biotec
August 20, 2026