Korea Joongang Daily
Korea JoongAng Daily

As Kospi reaches new heights, Korean investors redirect funds to Wall Street

Despite the benchmark Kospi continuing to hit record highs, Korean retail investors are cashing out. Instead, they’re sending their money to Wall Street.

2026-01-09

Kospi breaks past 4,600 as rally continues

Korean bourse Kospi surpassed the 4,600 mark on Wednesday morning early into intraday trading. At around 9:05 a.m. on Wednesday, the Kospi reached 4,611.72 points, up 1.91 percent from the previous trading day.

2026-01-07

Kospi sets new record as it blows past 4,400 mark

The Kospi set a new record as it closed at 4,457.52 points on Monday, up 147.89 points, or 3.43 percent, on optimism surrounding the semiconductor and nuclear-related industries.

2026-01-05

Kospi surpasses 4,290 for first time on opening day of trading in 2026

The Kospi surpassed the 4,290 mark intraday for the first time ever on Friday, the first trading day of 2026.

2026-01-02

Kospi opens higher in first trading session of 2026

Korean stocks started the year on a higher note Friday as tech shares gathered ground on retail buying. The benchmark Kospi added 24.66 points, or 0.59 percent, to 4,238.83 in the first 15 minutes of trading.

2026-01-02

Shares retreat in last session of the year; 2025 gains exceed 75 percent

Korean stocks closed slightly lower Tuesday despite gains in big-cap semiconductor shares as investors locked in profits from recent gains in the year-end session. The local currency fell against the U.S. dollar.

2025-12-30

Kospi jumps on chip rally, won rises to 2-month high

Shares closed markedly higher Monday, led by strong gains in big-cap semiconductor shares in a year-end rally. The local currency strengthened to its highest level in nearly two months against the dollar.

2025-12-29

Kospi opens higher on tech gains

Korean stocks opened higher Monday, driven by strong gains of semiconductor shares. The Kospi rose 38.94 points, or 0.94 percent, to 4,168.52 in the first 15 minutes of trading.

2025-12-29

Kospi opens higher amid hopes for Santa rally

Korean stocks opened higher Friday, tracking pre-Christmas gains on Wall Street boosted by confidence in the U.S. economy and hopes for a year-end Santa Claus rally.

2025-12-26

Korea to waive tax on overseas stock sales to boost local investment

Korea will temporarily exempt capital gains taxes on overseas stock sales for retail investors who reinvest the proceeds in domestic equities, the Ministry of Economy and Finance said Wednesday.

2025-12-24