Korea Joongang Daily
Korea JoongAng Daily

Kospi briefly touches new high before closing lower, breaking four-day winning streak

Shares closed lower Friday, snapping a four-day winning streak, despite briefly hitting a fresh high in midday trading, as investors braced for a five-day market closure for the Lunar New Year holiday. The local currency fell against the dollar.

2026-02-13

Kospi opens higher on chip gains

Shares opened higher Friday as semiconductor heavyweights showed a strong performance despite overnight losses on Wall Street.

2026-02-13

Kospi soars past 5,500 mark to hit new record on gains in chips, Japanese bourse

The Kospi surged past the 5,500 mark to a fresh high on Thursday as it jumped more than 3 percent to extend its rally to a fourth consecutive session, buoyed by strength in chip stocks and recent gains in the Japanese market.

2026-02-12

Korea Investment & Securities tops brokerage industry with 2 trillion won in net profit

Brokerage firm Korea Investment & Securities reported Wednesday that it posted 2.01 trillion won ($1.4 billion) in consolidated net profit in 2025, up 79.9 percent from a year earlier and marking the highest earnings recorded in the entire industry.

2026-02-12

Kospi surpasses 5,500 mark as chips drive rally

The Kospi surpassed the landmark 5,500 mark during intraday trading on Thursday, with chips leading the rally. Korea's benchmark index jumped 2.72 percent, or 145.64 points, from the previous session to 5,500.13 as of 10:55 a.m.

2026-02-12

Kospi breaks 5,400 as U.S. jobs report raises hopes on interest rate stability

Korean stocks opened higher Thursday as a better-than-expected U.S. unemployment report for January boosted prospects that the Federal Reserve may keep interest rates unchanged.

2026-02-12

Seoul stocks up for 3rd day on auto, financial gains

Korean stocks ended higher Wednesday, rising for the third consecutive session, led by gains in auto and financial shares.

2026-02-11

Kospi opens lower on hawkish Fed comments

Korean stocks kicked off lower Wednesday, tracking overnight losses on Wall Street, amid a weaker-than-expected U.S. retail sales report and hawkish comments by Federal Reserve officials.

2026-02-11

Kospi ends almost flat ahead of key U.S. economic data releases

Korean stocks closed nearly flat Tuesday, showing limited growth as investors remained cautious ahead of the planned release of key U.S. economic reports this week that may offer clues on the Federal Reserve's policy direction.

2026-02-10

Kospi opens higher on U.S. gains, eased AI bubble concerns

Shares kicked off higher Tuesday, tracking overnight gains on Wall Street led by eased AI bubble concerns. The benchmark Kospi climbed 39.13 points, or 0.74 percent, to 5,337.17.

2026-02-10