Trading volume in South Korean stock market has surged to its highest level in eight months, with investors piling into defense, nuclear energy, shipbuilding and robotics stocks, data showed.
Hanwha Aerospace and Hanwha Systems showcase the K9 self-propelled howitzer at World Defense Show 2024 held in Riyadh, Saudi Arabia South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2024, powered by
The Kospi stock index added 0.37% to close at 2,548,39 on Wednesday MSCI, a global index compiler, said on Wednesday it has removed 11 stocks, including Lotte Chemical Corp., from its Korea index without any additions. Analysts warn the rebalancing could trigger outflows of 1.1 trillion won ($7
Bithumb customer center Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal of bank term deposits and stocks. According to The Korea Economic Daily’s analysis of Korea’s Financial S
The Kospi index added 1.11% to end at 2,509.27 on Feb. 5 (Courtesy of Yonhap) Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is set to begin operations on March 4.The Financial Services Commission
Stock traders at Hana Bank's dealing room in Seoul The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December last year. The size of net selling is the largest since March 2020 (-$7.37 billion) during the COV
A currency exchange counter in Myeong-dong, Seoul (Courtesy of Yonhap) The South Korean won is forecast to hover in the mid-1,400s level against the dollar through the third quarter of 2025, according to global investment banks. They said the political uncertainties in the aftermath of Presiden
Kospi closing on Dec. 30, the last trading day of 2024 (Courtesy of News1 Korea) South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 2024 would make their prices very attractive, according to a su
The Kospi index ended down 1.4% at 2,464.00 on Wednesday South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial law declaration, rejected by parliament, raised doubts about his political career as head of the country.Anal
National Pension Service's Investment Management headquarters in Jeonju, North Jeolla Province South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases on the main bourse for a single month this year, acco
The Kospi index edged down 0.16% to close at 2,857.76 on Monday South Korean individual investors are strongly betting on a drop in domestic share prices, in contrast to foreign investors’ aggressive buying that sent the benchmark Kospi index to its highest level in two and a half years l
Retail investors are betting on a market decline as the Kospi heads higher Among the most cited stock market sayings by experts and laymen alike are “buy the dips” or “sell on news” – time-honored lessons that many investors follow.Many South Korean retail in