Tag:

Kospi

South Korean shares spike amid US-Iran truce

South Korean stocks jumped nearly 7 percent following the announcement of a two-week ceasefire between the United States and Iran, along with the reopening of the Strait of Hormuz, which triggered a sharp fall in global crude prices.

08 Apr 2026-11:15
South Korea plans $17.3bn war relief budget

South Korea is preparing a massive $17.3 billion emergency budget to shield its economy from the growing fallout of the conflict involving Iran, as energy concerns and market volatility intensify.

31 Mar 2026-09:18
Asia stocks drop as Trump escalates threats

Asian stock markets fell sharply on Tuesday as fears of a wider conflict in the Middle East rattled investor confidence, wiping out gains built earlier this year.

31 Mar 2026-09:08
Nikkei, KOSPI surge ahead of Fed decision

Most Asian stock markets rose Wednesday, led by gains in tech stocks across Japan and South Korea, as investors awaited the U.S. Federal Reserve’s policy decision later in the day.

18 Mar 2026-11:28
Asian markets tumble as Seoul stocks post record drop

Shares across Asian markets plunged as growing fears that an expanding war in the Middle East could trigger an oil shock, drive inflation higher and delay expected interest rate cuts.

04 Mar 2026-11:59
South Korean shares hit record high on AI optimism

South Korean shares jumped more than 3 percent on Thursday to close at a new record high above the 6,300 level, as investors were encouraged by growing optimism around artificial intelligence following stronger-than-expected earnings from Nvidia.

26 Feb 2026-11:38
Asian shares surge as Nvidia eases AI concerns

Asian markets mostly advanced on Thursday after stronger-than-expected earnings from Nvidia helped calm investor concerns about the sustainability of the artificial intelligence boom, even as U.S. futures edged lower.

26 Feb 2026-11:09
Samsung, SK Hynix fuel South Korean market surge

South Korea’s benchmark stock index has reached a new milestone just one month after breaking through the 5,000 level, as surging global demand for memory chips fuels gains in the country’s largest semiconductor companies.

25 Feb 2026-09:22
S. Korean stocks rally past 5,800 for first time

South Korean stocks surged past the 5,800 mark for the first time on Friday, ending at a new record high amid optimism that forthcoming investor-friendly policies will help boost market valuations.

20 Feb 2026-15:47
Nikkei, Kospi reach new highs in Asian markets rally

Asian stock markets were mostly higher on Thursday, with benchmark indexes in Japan and South Korea reaching fresh record levels, even after Wall Street lost momentum following a stronger-than-expected US jobs report. US stock futures edged up in early trading.

12 Feb 2026-11:04