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Kospi

All articles tagged with #kospi

Kospi's March rout punctuates a stellar 2026 run
markets11 days 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
markets18 days 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.

Oil Rally Triggers Asia Market Slump Amid Inflation Fears
markets1 month ago

Oil Rally Triggers Asia Market Slump Amid Inflation Fears

Asia’s stock markets tumbled as surging oil prices raise inflation fears and threaten delayed rate cuts. The Kospi in Seoul dropped a record 12% in one day, with Japan’s Nikkei and TOPIX also down around 4%. Brent crude neared $84 and WTI traded above $76 as the Strait of Hormuz disruption tightens energy supply, signaling a potential weeks-long energy shock and higher-for-longer inflation that could slow growth and push policymakers to maintain tighter monetary conditions.

Korean Stocks Plunge as Kospi Halts Trading in Tech-Led Selloff
markets1 month ago

Korean Stocks Plunge as Kospi Halts Trading in Tech-Led Selloff

South Korea’s Kospi plunged more than 12% intraday, triggering a circuit breaker on the Kospi and halting trading, as Samsung Electronics and SK Hynix slumped and the market pulled back from a strong run last year. The weakness coincored with a broader regional selloff amid Middle East tensions and higher oil costs, while Japan’s Nikkei 225 fell about 3.9% and other Asian indices declined. Investors were also watching China’s Two Sessions and noting gains in gold and oil, underscoring a risk-off mood as energy costs and AI data-center considerations weigh sentiment.

Kospi slips 7% after hot streak, led by Samsung and SK Hynix
markets1 month ago

Kospi slips 7% after hot streak, led by Samsung and SK Hynix

South Korea’s Kospi tumbled about 7% after a holiday, ending its run as the world’s top performer for 2026. The retreat was led by heavy losses in Samsung Electronics and SK Hynix, with foreign investors net-sellers over the last two sessions (outflows near 7 trillion won at end-February and about 5.4 trillion won on Tuesday). A weaker won, rising crude prices, and risk-off sentiment weighed on sentiment, though the index remains up around 37% year-to-date and 128% over the past year, with regulators briefly suspending program trading during the session.

Iran conflict rattles Asia markets as Strait of Hormuz tensions lift oil prices
markets1 month ago

Iran conflict rattles Asia markets as Strait of Hormuz tensions lift oil prices

Asia-Pacific stocks slid as the Iran conflict persisted and oil prices rose on reports Iran closed the Strait of Hormuz; South Korea's Kospi fell about 5.4% on heavy losses in Samsung Electronics and SK Hynix, while defense stocks surged; Japan and Australia declined, Hong Kong and Mainland China edged lower, and U.S. indices finished mixed overnight.

markets1 month ago

Tech-led rally lifts Asia markets to fresh highs as rate worries ease

Asian stocks rose on Thursday as technology shares drove gains, offsetting rate-uncertainty, with South Korea’s KOSPI hitting a record near 5,673 as Samsung Electronics led memory-chip gains on AI demand and chip-price optimism; Samsung’s HBM4 mass production news and a chip-shortage backdrop supported pricing. Australia’s ASX 200 also reached a record around 9,118 on strength in mining and banks, while Japan’s Nikkei rose on a weaker yen boosting exporters. January exports in Korea surged about 34%, and softer domestic jobs data kept rate-hike bets in check, even as Fed signals remained hawkish. Mainland China and Hong Kong markets were closed for the Lunar New Year.

world2 months ago

Asia shares pull back from record highs as AI disruption worries weigh on markets

Asian stocks retreated from record levels as fears over AI disruption weighed on risk assets; South Korea’s KOSPI fell about 3.7% after a rally, with Samsung Electronics and SK Hynix down more than 5% as investors booked profits. Chinese indices (CSI 300 and Shanghai) and Hong Kong’s Hang Seng slipped around 1%, while Japan’s Nikkei 225 dipped about 1% despite selective gains elsewhere. U.S. futures were largely flat in early Asian trading.

Kospi Leads Asia Sell-off as Tech Rout Deepens, AMD Drops on Weak Outlook
business2 months ago

Kospi Leads Asia Sell-off as Tech Rout Deepens, AMD Drops on Weak Outlook

South Korea's Kospi slid about 3.9% to 5,163.57, led by Samsung and SK Hynix as a broad tech sell-off hit Asia; Arm/SoftBank results miss and a weak first-quarter forecast from AMD weighed on sentiment, with other chipmakers and tech names falling, while Japan's Nikkei eased and Hong Kong/China markets declined. Bitcoin also fell as global risk appetite remained fragile.