Seoul shares plummeted 8.95% on Monday, with the KOSPI index closing down 669.01 points at 6,806.93. Investors offloaded technology stocks for profit-taking, influenced by renewed Middle East tensions and volatility from new single-stock leveraged ETFs. The Korean won also weakened against the U.S. dollar.
Seoul's stock market experienced a sharp decline of 9% on Monday, with the KOSPI index falling 669.01 points. Investors sold off technology stocks due to profit-taking and renewed Middle East tensions, while the Korean won weakened against the U.S. dollar.
Seoul shares plummeted 9% on Monday, with the KOSPI index falling 669.01 points to 6,806.93. Investors sold off technology stocks for profit-taking amid renewed Middle East tensions and a weaker Korean won against the U.S. dollar.
Seoul shares extended losses late Monday morning, with the KOSPI falling 5.25% to 7,083.41, led by chipmakers. Renewed Middle East tensions between the U.S. and Iran weighed on investor sentiment, contrasting with gains on Wall Street.
Seoul shares rebounded Monday, tracking Wall Street's gains, with the KOSPI rising 0.37% after an initial dip. Investors remained cautious due to renewed Middle East tensions following U.S. strikes against Iran. SK hynix's strong U.S. share offering boosted market sentiment.
Seoul shares opened lower on Monday as investors adopted a cautious stance due to heightened Iran uncertainty, despite SK hynix's successful U.S. listing last week. The KOSPI index saw an initial dip.
Seoul shares closed higher Thursday, with the benchmark KOSPI index rising 0.62% to 7,291.91, driven by institutional buying that offset retail selling. Concerns over Middle East tensions and AI demand outlook impacted the market.
Seoul shares closed higher Thursday, with the KOSPI index rising 0.62% to 7,291.91, driven by institutional buying. Retail investors sold heavily amid concerns over AI demand outlook and Middle East geopolitical tensions. The Korean won weakened against the U.S. dollar.
Seoul shares closed higher Thursday, with the KOSPI index rising 0.62% to 7,291.91. Institutional buying helped offset retail selling, despite concerns over AI demand outlook and Middle East geopolitical tensions.
Seoul shares trimmed earlier gains late Thursday morning on retail selling, though institutions and foreigners bought bargain-priced chip stocks following the recent massive sell-off. The benchmark KOSPI moved up 2.08 percent to 7,397.40.
Seoul shares opened higher on Thursday, with investors buying bargain-priced chip stocks after a significant sell-off in the previous session. The KOSPI rose by 3.95 percent, driven by gains in major tech companies like Samsung Electronics and SK hynix.
Seoul shares opened 3.3% higher on Thursday, with investors buying bargain-priced chip stocks after a sharp sell-off in the previous session. The KOSPI rose 243.11 points to 7,489.90, led by gains in Samsung Electronics and SK hynix.
Seoul shares plunged 5.4% on Wednesday, with the KOSPI index closing down 409.52 points at 7,246.79, as technology stocks continued their decline and investors reassessed AI trade prospects. The Korean won strengthened against the U.S. dollar.
Seoul stocks plunged 5.4% on Wednesday, led by technology shares, as investors reassessed the outlook for AI trade. The benchmark KOSPI closed down 409.52 points at 7,246.79, with heavy trading volume and most large-cap stocks declining. The Korean won rose against the U.S. dollar.
Seoul shares dropped 5.4% on Wednesday, with technology stocks leading the decline due to reassessed AI trade outlook and overnight Wall Street losses. Samsung Electronics and SK Hynix saw significant drops.
Seoul shares erased some earlier losses late Wednesday morning on institutional buying, as investors reassess the AI trade. The KOSPI was down 1.98% at 7,504.42, following Wall Street's overnight decline. Investors are rotating out of tech stocks, seeking earnings growth to justify valuations.
Seoul shares opened lower on Wednesday, mirroring Wall Street's overnight losses as investors reassessed the impact of artificial intelligence (AI) trade. The benchmark KOSPI index fell, with technology stocks like Samsung Electronics and SK Hynix leading the declines. The Korean won also weakened against the U.S. dollar.
Seoul shares opened 2.7% lower on Wednesday, mirroring overnight losses on Wall Street. Investors are reassessing the impact of AI trade, with a focus on whether rising capital spending and competition will justify current high valuations of tech companies. Major tech stocks like Samsung Electronics and SK hynix saw declines.
Seoul shares plunged nearly 5% Tuesday, with the KOSPI index closing down 4.91% at 7,656.31, driven by significant losses in technology stocks. Samsung Electronics' positive earnings estimate led to profit-taking, while the Korean won also weakened against the U.S. dollar.
Seoul shares dropped nearly 5% on Tuesday, with the KOSPI index closing down 4.91% at 7,656.31. The decline was driven by technology stocks, particularly Samsung Electronics, which released preliminary second-quarter earnings that beat forecasts. The Korean won also weakened against the U.S. dollar.
Seoul shares extended losses Tuesday morning, with the KOSPI falling 5.39% to 7,617.52, as investors locked in profits after Samsung Electronics' preliminary second-quarter earnings estimate. Heavy foreign selling and a plunge in technology stocks contributed to the decline.
Seoul shares opened lower Tuesday, with the KOSPI falling 1.6% due to profit-taking after Samsung Electronics released its preliminary second-quarter earnings estimate. Local tech stocks declined as investors cashed in gains following Samsung's strong performance.
Seoul shares closed lower Monday as foreign investors continued to sell off local stocks ahead of major second-quarter earnings releases. The Korean won also weakened against the U.S. dollar.
Seoul shares closed lower on Monday as foreign investors continued to sell local stocks ahead of major companies' second-quarter earnings releases. The Korean won also fell against the U.S. dollar.
