Seoul's KOSPI index fell 1.55% to 6,869.83, ending a five-day rally as investors locked in profits. Market sentiment was dampened by rising oil prices and U.S. President Donald Trump's comments regarding the Iran agreement.
Yonhap News Agency reports on key developments in South Korea, including the USFK commander's defense ministry visit, a drop in Seoul shares, the Chinese foreign minister's upcoming visit, and the justice minister's resignation following prosecution reform.
Seoul shares ended lower Tuesday, snapping a five-day winning streak as investors locked in profits on large-cap stocks amid fading hopes for a U.S.-Iran deal and elevated oil prices. The KOSPI fell 1.55 percent to close at 6,869.83.
Yonhap News roundup covers UNC defense role in South Korea, President Lee's push for AI investment, Seoul stocks rising, ex-first lady Kim Keon Hee's trial testimony, local election voter tally gaps, Nolan's 'The Odyssey' box office debut, and BTS North American tour honors.
KOSPI falls 0.6% to 6,258.77 amid foreign selling due to Middle East tensions, particularly over Iran's threat to block the Strait of Hormuz, impacting oil prices and market volatility.
Seoul shares ended lower for a second straight session Friday, weighed down by foreign selling as renewed tensions in the Middle East over the Strait of Hormuz dampened investor sentiment.
Seoul shares surged over 3.5 percent on Wednesday, driven by easing AI investment concerns and hopes for a U.S.-Iran interim agreement over the Strait of Hormuz. The KOSPI climbed 3.76 percent to close at 6,598.26.
Seoul shares surged over 3.5 percent on Wednesday, driven by easing worries over AI investments and hopes for a U.S.-Iran interim agreement regarding the Strait of Hormuz. The KOSPI climbed 3.76 percent to close at 6,598.26.
Seoul shares ended higher Tuesday as retail investors bought stocks following the previous session's plunge, while uncertainty over AI and the Middle East capped gains.
Seoul shares closed higher Tuesday as retail investors bought stocks following a 5 percent plunge in the previous session, though AI and Middle East uncertainties capped gains.
Seoul stocks fell late Tuesday morning, with KOSPI down 0.18% to 6,246.45 as tech shares slid amid lingering Middle East uncertainty; Samsung and SK hynix dropped while defense firms Hanwha Aerospace and Korea Aerospace Industries surged.
Seoul shares opened higher Tuesday, tracking overnight Wall Street gains as investors weighed a market rebound amid lingering Middle East uncertainty and an artificial intelligence rally.
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.
