Seoul, Feb 16 (IANS) South Korea’s smaller KOSDAQ was the second-best-performing stock index in the world over the past month, only after the country’s benchmark KOSPI, amid government measures to boost the secondary market, data showed on Monday.The KOSDAQ rose 16.45 per cent from 949.81 points on January 13 to 1,106.08 points on Friday, according to the data from Yonhap Infomax, the financial arm of Yonhap News Agency.Trailing behind the KOSDAQ were SET and ISE-100 — benchmark indexes of Thai…
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Seoul, Jan 26 (IANS) South Korean stocks closed lower on Monday to snap three consecutive days of rise ahead of a U.S. rate-setting meeting, with investors sitting on the sidelines amid geopolitical uncertainties in Iran.The Korean won sharply gained against the U.S. dollar, and the tech-laden KOSDAQ surged by more than 7 percent to land above 1,000 for the first time in more than four years, reports Yonhap news agency.The benchmark Korea Composite Stock Price Index (KOSPI) fell 40.48 points, or…
Seoul, Dec 29 (IANS) The total proceeds from initial public offerings (IPOs) in the South Korean stock market rose 14.9 per cent in 2025 from a year earlier, backed by increased liquidity, data showed on Monday.The proceeds from IPOs stood at 4.57 trillion won (US$3.19 billion) this year, up from last year’s 3.97 trillion won, according to the data from consulting service provider IR Kudos Corp, reports Yonhap news agency.A total of 77 companies made their debuts on the main bourse KOSPI and the…