While the Kospi has surged nearly 10 percent since the start of the year, the Kosdaq — Korea’s tech-heavy junior bourse — remains stuck in neutral.
Despite the benchmark Kospi continuing to hit record highs, Korean retail investors are cashing out. Instead, they’re sending their money to Wall Street.
Seoul shares opened higher Thursday, backed by gains in defense and shipbuilding stocks, to extend a record-setting rally despite overnight losses on Wall Street.
Seoul shares opened lower Tuesday as investors cashed in recent gains propelled by a rally in tech stocks. The benchmark Korea Composite Stock Price Index (Kospi) fell 39.96 points.
The Kospi surpassed the 4,290 mark intraday for the first time ever on Friday, the first trading day of 2026.
Korean stocks opened lower Tuesday, the final trading day of the year, as tech shares retreated, taking a cue from their U.S. peers.
A total of 38 companies were delisted from the Kosdaq market this year — 2.5 times more than the average of the past three years combined — as the government stepped up efforts to remove underperforming firms and revitalize the market.
Koreans stocks opened lower on Monday as investors sat on the sidelines ahead of the U.S. Federal Reserve's rate-setting meeting this week. The benchmark Korea Composite Stock Price Index (Kospi) lost 8.31 points, or 0.2 percent.
The market capitalization of Korea's secondary Kosdaq market surpassed 500 trillion won ($340.1 billion) for the first time during intraday trading on Thursday, boosted by anticipation of the government's market-boosting measures.
The Kospi rebounded to close higher on Thursday, reclaiming the 4,000-point mark, as Nvidia’s record revenue soothed investor jitters over an AI bubble.
Korea JoongAng Daily Sitemap
