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Kospi

All articles tagged with #kospi

Kospi Breaks Records on Samsung Surge as Markets Rally on Iran Talks and Policy Moves
business20 days ago

Kospi Breaks Records on Samsung Surge as Markets Rally on Iran Talks and Policy Moves

South Korea’s Kospi hits a fresh high led by a 15% Samsung rally that pushes its market cap above $1 trillion, with broader markets firmer as progress in U.S.-Iran talks and Trump’s pause of Project Freedom weigh on sentiment. China hosts Iran’s foreign minister ahead of a Beijing visit, while Lufthansa, Novo Nordisk and Disney loom large on the earnings calendar. Separately, bitcoin-focused Strategy abandons its “never sell” stance to more actively manage its balance sheet after a Q1 loss, signaling a shift in crypto exposure.

Kospi's 31% Monthly Surge Fueled by AI Chips, Asia Mixed on Oil Rally
markets26 days ago

Kospi's 31% Monthly Surge Fueled by AI Chips, Asia Mixed on Oil Rally

South Korea’s Kospi surged about 31% this month—the strongest monthly gain since January 1998—led by AI-driven gains in chipmakers SK Hynix and Samsung Electronics, though the index fell 1.38% on the day as oil prices jumped on fears of U.S. action against Iran. Across Asia, Nikkei 225 and Hang Seng slipped while broader markets paused amid persistent oil strength; Brent near $122 a barrel and WTI around $108 as investors weigh possible U.S. military steps against Iran, with U.S. futures mixed after a variable session.

Asia Markets Pause as Iran Talks Weigh on Oil, Nikkei Dips while Kospi Reaches New High
markets28 days ago

Asia Markets Pause as Iran Talks Weigh on Oil, Nikkei Dips while Kospi Reaches New High

Asia-Pacific stocks were mixed as investors weighed uncertainty in U.S.-Iran negotiations. Japan’s Nikkei-225 fell about 0.5% after a record, while Korea’s Kospi rose over 1% to a fresh high and Kosdaq dipped. Japan’s central bank kept rates at 0.75% and lifted inflation forecasts as supply risks from the Iran crisis mount. Australia’s ASX 200 and Hong Kong’s Hang Seng slipped, and China’s CSI 300 fell modestly. Lightelligence jumped roughly 380% on its HK debut, and CATL slid about 7% after a ~$5 billion share offering. U.S. futures were modestly higher, and overnight the S&P 500 and Nasdaq hit records despite Iran tensions as oil rose on the risk backdrop.

business1 month ago

Asia stocks drift lower as Iran tensions persist; Nikkei and KOSPI pull back from peaks

Asian equity markets eased after opening higher as persistent U.S.-Iran tensions and threats to oil supply kept investors cautious. The Nikkei 225 slipped about 1.1% after hitting an intraday record, and South Korea’s KOSPI fell roughly 0.5% despite strong chip-related earnings from SK Hynix and a rise in Samsung Electronics. Mainland China stocks also declined about 0.5%, with Shanghai and CSI 300 weaker and Hong Kong’s Hang Seng down around 1%. Australia’s ASX 200 and Singapore’s STI also fell ~1%. Oil hovered above $100 a barrel amid the Hormuz-related risk. U.S. markets had closed at or near records after Trump extended a ceasefire with Iran, but oil-supply concerns kept risk sentiment fragile.

Asia shares pull back as Middle East tensions temper risk appetite
business1 month ago

Asia shares pull back as Middle East tensions temper risk appetite

Asia-Pacific stocks fell as cautious optimism over Middle East tensions tempered risk appetite, with the Nikkei 225 retreating from a record high and Hang Seng and Kospi sliding; oil prices declined, U.S. futures hovered near flat after the prior session’s gains, and investors weighed Trump’s comments on a potential ceasefire amid ongoing Iran-Israel dynamics and BOJ policy signals alongside a Hong Kong IPO.

Kospi's March rout punctuates a stellar 2026 run
markets1 month ago

Kospi's March rout punctuates a stellar 2026 run

South Korea’s KOSPI, which had been the world’s top performer in 2026, plunged about 19% in March after a rally that had seen the index up roughly 50% by February and about 20% for the year to date. The drop came as energy prices surged and heavyweight chipmakers like Samsung Electronics and SK Hynix faced repricing, pushing the market toward bear territory for the month, while the won weakened and energy-import dependence underscored Korea’s economic vulnerability. Despite the March setback, the Kospi remains the strongest major market for 2026 so far, illustrating how quickly sentiment can shift in a volatile cycle.

Oil Rebound Keeps Asia-Pacific Markets on Edge Amid Middle East Tension
markets2 months ago

Oil Rebound Keeps Asia-Pacific Markets on Edge Amid Middle East Tension

Asia-Pacific equities climbed after Wall Street’s rally, helped by a rebound in oil prices but faced lingering Middle East uncertainty; Brent traded near $103.7 and WTI around $91.7 as major indices rose (Nikkei-225 +1.1%, Topix +1.87%, Kospi up ~1.5% intraday before trimming gains, Hang Seng +1.62%, CSI 300 +0.52%). Japan’s February CPI cooled to 1.3%, undershooting the 2% target. U.S. stock futures swung following Trump’s claim that he delayed strikes on Iran, a report Iranian officials disputed, while precious metals and other assets moved as risk sentiment shifted.