Seoul, March 12 (IANS) The South Korean currency fell against the US dollar on Thursday as global oil prices climbed amid concerns about supply disruptions stemming from heightened tensions in the Middle East.The won opened at 1,480.1 per dollar, down 13.6 won from the previous session, reports Yonhap news agency.The currency had risen over the previous two sessions, rebounding from a 17-year low, after US President Donald Trump hinted that the war in the Middle East could end soon and global oi…
Latest Korea Composite Stock Price Index News & Updates
New Delhi, March 4 (IANS) Seoul shares plunged more than 12 per cent on Wednesday, closing below the 5,100-point mark, as mounting concerns over the economic fallout from the escalating Middle East conflict rattled investor sentiment. The Korean won also fell sharply against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 698.37 points, or 12.06 per cent, to close at 5,093.54, extending losses from a 7.24 per cent drop in the previous session, reports Yonhap news ag…
Seoul, March 4 (IANS) Seoul shares extended losses late on Wednesday morning, falling more than 8 per cent, as escalating concerns over the economic fallout from the Middle East conflict continued to weigh on investor sentiment.After opening 3.44 per cent lower, the Korea Composite Stock Price Index (KOSPI) extended its losses, tumbling 468.98 points, or 8.1 per cent, to 5,322.93 as of 11:45 a.m., following a plunge of more than 7.24 percent the previous session.The Korea Exchange (KRX) triggere…
Seoul, March 3 (IANS) South Korean stocks plummeted nearly 5 per cent late Tuesday morning amid escalating concerns over possible economic impacts from the ongoing Middle East conflict.South Korea’s main bourse operator, the Korea Exchange (KRX), issued a sell-side circuit breaker, temporarily halting trading after a sharp drop sparked by market concerns over U.S. airstrikes on Iran.Selling of the KOSPI 200 Futures index was suspended for five minutes at 12:05 p.m., according to KRX.The index fe…
Seoul, Feb 26 (IANS) South Korean stocks soared more than 3 per cent to close at a fresh record high of over 6,300 on Thursday as investors were buoyed by artificial intelligence (AI) prospects following Nvidia’s better-than-expected earnings report. The local currency gained slightly against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) earned 223.41 points, or 3.67 percent, to finish at a record high of 6,307.27. The index has risen for the six consecutive day, repo…
Seoul, Feb 22 (IANS) Foreign investors have posted a net sale of around 9 trillion won ($6.2 billion) on the main bourse this year through last week, data showed on Sunday.Overseas investors have sold a net 9.1 trillion won worth of shares on the main bourse in 2026 as of Friday, compared with a net sale of 4.6 trillion won for all of 2025, according to the Korea Exchange (KRX).In detail, foreigners sold a net 9.5 trillion won worth of shares in Samsung Electronics Co., with the stock soaring 59…
Seoul, Feb 12 (IANS) Foreign investors turned into net sellers of South Korean equities in January, driven by profit-taking following recent gains in the benchmark index, central bank data showed on Thursday.Offshore investors sold a net US$50 million worth of local stocks last month, reversing from their net purchase of $1.19 billion in December, according to the data from the Bank of Korea (BOK).Foreign investors, meanwhile, bought $2.44 billion worth of bonds in January, resulting in a combin…
Seoul, Feb 11 (IANS) South Korea’s exports jumped 44.4 per cent from a year earlier in the first 10 days of February, driven by strong demand for semiconductors, data showed on Wednesday.Outbound shipments reached US$21.39 billion in the Feb. 1-10 period, compared with $14.81 billion tallied a year earlier, according to the data from the Korea Customs Service, reports Yonhap news agency.Imports went up 21.1 percent on-year to $20.74 billion during the period, resulting in a trade surplus of $64 …
Seoul, Feb 10 (IANS) Unexecuted spending in South Korea’s annual budget totalled 5.4 trillion won ($3.7 billion) last year, the smallest amount in four years, the finance ministry said on Tuesday.Excluding internal transactions, the “practical unexecuted” amount came to 5.4 trillion won in 2025, according to the Ministry of Economy and Finance. The figure is down 3.9 trillion won from 9.3 trillion won the previous year and is the lowest since 2021, when it totalled 5.2 trillion won.The ministry …
Seoul, Jan 20 (IANS) The market capitalisation of Hyundai Motor on Tuesday touched above the 100 trillion-won ($67.7 billion) level for the first time on Tuesday, backed by growing investor optimism over its robotics and autonomous driving initiatives, industry watchers said.The share price of Hyundai Motor rose as high as 496,500 won in early trading, briefly lifting the company’s market capitalization to more than 101.66 trillion won, reports Yonhap news agency.The gains, however, were reverse…