FINWIRES · TerminalLIVE
FINWIRES

KOSDAQ

^KOSDAQ
IndexIndex

292 stories mentioning KOSDAQUpdated 22h ago

Rose alongside the Kospi as the US-Iran deal and strong semiconductor-driven export price data lifted South Korean investor sentiment.

Asia

Market Chatter: South Korea to Require ESG Disclosures for Larger Firms from 2028

South Korea will require companies with 10 trillion won or more in consolidated assets to disclose environmental, social and governance (ESG) performance and risk information from 2028, Yonhap News reported Wednesday, citing the government and the ruling Democratic Party.The mandatory disclosure requirement will expand to firms with 5 trillion won or more in assets in 2029, while authorities are considering to extend it to companies with 2 trillion won or more from 2030, the report said.About 291 companies are expected to be covered by the mandatory disclosure requirement in 2028, with the number expected to be 3,171 in 2029, it said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI
Asia

South Korean Shares Plunge as AI Rally Loses Steam Amid Heightened Market Volatility

South Korean shares fell more than 5% on Wednesday as technology stocks extended their losses, which led investors to pause and assess the outlook for the AI sector. Overnight losses on Wall Street also dampened investor sentiment.The benchmark Korea Composite Stock Price Index, or Kospi, fell by 5.4%, or 409.52 points, to close at 7,246.79. The Kosdaq also decreased by 5.6%, or 46.23 points, to end at 785.In economic news, S&P Global Ratings has given an AA long-term foreign currency issue rating to the Republic of Korea's proposed euro senior unsecured notes, according to a recent release.The notes serve as the sovereign's direct, general, unconditional, and unsubordinated external debt.On the corporate front, South Korea's Fair Trade Commission (FTC) began reviewing allegations that Daesang (KRX:001680), Sajo Industries (KRX:007160) subsidiary Sajo CPK, Samyang Corp. (KRX:145990), and CJ CheilJedang (KRX:097950) colluded in bid-rigging and price-fixing in the starch-sugar market.The alleged bid-rigging for starch and starch-based sweetener tenders affected 9.4 billion won in sales between September 2016 and June 2025, the trade watchdog said in a Tuesday release.It also accused Daesang, Sajo CPK, and Samyang of fixing prices for starch and starch-sugar by-products from August 2017 to October 2025, which affected sales of about 1.55 trillion won, it said.The FTC imposed a fine of 234.1 billion won on Daesang and 210.3 billion won on Samyang Corp.Shares of the food companies Daesang fell over 2%, while those of Samyang fell nearly 2%. Shares of the food manufacturer CJ Cheiljedang declined over 1% at market close.

^KOSDAQKOSPIKRX:001680KRX:007160KRX:097950KRX:145990
Asia

Market Chatter: Bank of Korea Expects July Inflation to Ease

The Bank of Korea expects consumer prices to ease in July from June, owing to the drop in crude oil prices and government efforts, Yonhap News reported, citing Deputy Governor Lee Ji-ho's statement from a meeting.Lee, however, said consumer prices are expected to remain high as crude oil prices overshadow economic growth, the Thursday report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI
International

South Korea's Foreign Exchange Reserves Edge Higher in June

South Korea's official foreign reserve assets stood at $427.4 billion at the end of June, compared with $427.0 billion in the previous month, according to data released by Bank of Korea on Friday.The amount consists of $380.3 billion in securities, $22.3 billion in deposits, $4.3 billion in International Monetary Fund reserve position, $15.6 billion in special drawing rights, and $4.8 billion in gold.

^KOSDAQKOSPI
Asia

South Korean Shares Jump on Bargain-Hunting, Chip Stock Gains

South Korean shares closed sharply higher on Friday as investors took to bargain-hunting after Thursday's 8% plunge in the country's primary index. Major market bigwigs Samsung Electronics (KRX:005930), SK Hynix (KRX:000660), and LG Energy Solution (KRX:373220) added 8%, 11%, and over 2%, respectively, at market close.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 5.8%, or 440.25 points, to close at 8,088.34. The Kosdaq, also increased by 0.2%, or 1.69 points, to end at 868.41.In economic news, South Korea's economy is expected to accelerate to 2.6% in 2026 from 1% in 2025, supported by consumption, fiscal stimulus, and strong chip exports, the Organisation for Economic Co-operation and Development (OECD) said in a Thursday release.Inflation is projected to rise to 2.6% in 2026 from 2.1% in 2025, due to higher energy prices before easing to 2.2% in 2027.Strong chip exports supported South Korea's growth despite Middle East-related setbacks, while fiscal and monetary stimulus boosted consumption. The OECD said strengthening the fiscal framework, including further pension reform and rules-based expenditure, will help ensure long-term sustainability, according to the release.On the corporate front, Celltrion (KRX:068270) posted second-quarter sales of 1.3 trillion won, up 35% from 961.5 billion won a year earlier, according to a Friday filing with the Korea Exchange.The South Korean biopharmaceutical company's operating income jumped 77% year over year to 430 billion won from 242.5 billion won, the filing said.Shares of Celltrion rose nearly 4% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:068270KRX:373220
International

OECD: South Korean Economy to Accelerate in 2026 on Consumption, Chip Exports

South Korea's economy is expected to accelerate to 2.6% in 2026 from 1% in 2025, supported by consumption, fiscal stimulus, and strong chip exports, the Organisation for Economic Co-operation and Development (OECD) said in a Thursday release.Inflation is projected to rise to 2.6% in 2026 from 2.1% in 2025, due to higher energy prices before easing to 2.2% in 2027.Strong chip exports supported South Korea's growth despite Middle East-related setbacks, while fiscal and monetary stimulus boosted consumption. The OECD said strengthening the fiscal framework, including further pension reform and rules-based expenditure, will help ensure long-term sustainability.

^KOSDAQKOSPI
Asia

South Korean Shares Remain in Red Despite Positive US-Iran Peace Progress

South Korean shares closed in the red on Thursday despite positive progress made during the US and Iran dialogue in Doha.In an official post on X, Pakistan's Ministry of Foreign Affairs revealed the two parties agreeing to continue discussions following the funeral procession of the former Iranian Supreme Leader.The benchmark Korea Composite Stock Price Index, or Kospi, fell by 8%, or 655.32 points, to close at 7,648.09. The Kosdaq, fell by 7.7%, or 62.63 points, to end at 866.72.On the corporate front, Hanwha Ocean (KRX:042660) said it was named the preferred bidder for the design and lead ship construction of the KDDX commissioned by South Korea's Defense Acquisition Program Administration.The Korea Destroyer Next Generation (KDDX) program aims to build six next-generation Navy destroyers using locally developed technologies. The project is estimated to be worth 7.8 trillion won, or $5.1 billion, according to a The Korea Times report.

^KOSDAQKOSPIKRX:042660
Asia

Market Chatter: South Korea's Exchange Chief Outlines Transparency Plans

South Korea Exchange Chairman Chung Eun-bo said the bourse is looking to implement measures to restrict the market to promote fairness and transparency, Yonhap News reported Wednesday.The operator is looking to revamp its existing measures to strengthen transparency, the report added.Meanwhile, there are also plans to divide KOSDAQ into two markets, based on industry heavyweights and promising players, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI
Asia

South Korean Automakers to Voluntarily Recall Vehicles to Fix Defects

Six automakers have decided to recall more than 146,000 vehicles in South Korea to fix defective components, according to the Korean transport ministry on Thursday.Hyundai Motor Co., BYD Korea, Mercedes-Benz Korea and three other automakers will be recalling 146,505 vehicles across 38 models.

^KOSDAQKOSPI
International

Market Chatter: South Korea's 2026 Economic Growth to Cross 4%

South Korea's economic growth could cross 4% in 2026, based on projections made by several domestic and international institutions, Pulse reported on Wednesday.This comes after UK-based global macroeconomic firm Capital Economics raised Korea's real GDP growth to 4%, attributing it to surging demand related to AI, the report said.Of the 42 domestic and overseas institutions, 11 projected the country's growth at 3% or higher in 2026, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI
Asia

Update: Google Says Working With Korea's FTC Amid Probe on App Market Concerns

(Updates headline and fourth paragraph to add statement from Google)South Korea's Fair Trade Commission is probing Google over concerns that its Games/Google Velocity Program prevents game developers from entering competing app markets.The US-based tech giant is alleged to have abused its dominant market position and its practice in the Android app market has led to lost revenue worth 14.16 trillion won, according to an FTC release on Wednesday.The trade watchdog's examiner has suggested a corrective order and a fine."Google Play competes fairly with other app stores and delivers numerous benefits to developers and consumers in Korea. We have cooperated diligently with the KFTC's investigation, and we will continue to show the Commissioners that there has been no violation of the law," a Google spokesperson toldin response to a request for comment.

^KOSDAQKOSPI
Asia

South Korea's FTC Probes Google Over App Market Concerns

South Korea's Fair Trade Commission is probing Google over concerns that its Games/Google Velocity Program prevents game developers from entering competing app markets.The US-based tech giant is alleged to have abused its dominant market position and its practice in the Android app market has led to lost revenue worth 14.16 trillion won, according to an FTC release on Wednesday.The trade watchdog's examiner has suggested a corrective order and a fine.Google did not immediately respond to' request for comment.

^KOSDAQKOSPI
Asia

South Korean Shares Decline on Iran's Threat to Continue War Over Nuclear Rights

South Korean shares closed lower on Wednesday after Iran's Parliament Speaker Mohammad Bagher Ghalibaf said Tehran's nuclear rights and red lines were non-negotiable and that it would not go ahead with negotiations with the U.S. until commitments under their agreement were fulfilled.Ghalibaf added that Iran's nuclear program remained within the framework of the Nuclear Non-Proliferation Treaty (NPT) and under the supervision of the International Atomic Energy Agency (IAEA).The benchmark Korea Composite Stock Price Index, or Kospi, fell by 2%, or 173.07 points, to close at 8,303.41. The Kosdaq, rose by 1.4%, or 13.17 points, to end at 929.35.On the corporate front, LG Electronics (KRX:066570) established a robotics business center, which will focus on future business based on physical AI, the electronics products maker said in a Wednesday release.The new facility aims to integrate core capabilities required for commercialization, from business development to supply chain and manufacturing operations, by using physical AI. The company plans to operate the newly established facility as an independent business unit with integrated business development, sales, and operations functions, the release said.Shares of LG Electronics fell nearly 5% at market close.In other news, HL D&I Halla (KRX:014790) secured a construction order for Section 1 of the Jecheon-Yeongwol Expressway from the Korea Expressway Corp., according to a Wednesday filing with the Korea Exchange.The contract, valued at 155.1 billion won, is valid till Apr. 18, 2032, the filing said.Shares of HL D&I Halla jumped over 8% at market close.

^KOSDAQKOSPIKRX:014790KRX:066570
Asia

Fitch Says Asia Investors Eye AI, Private Credit, Sovereign Risks

Fitch Ratings said institutional investors across Asia are increasingly focused on risks related to artificial intelligence, private credit and sovereign credit, according to a Tuesday press release.The ratings agency said investors are closely monitoring rising spending on AI infrastructure, execution risks and pricing pressure.It warned that rapid adoption of artificial intelligence could displace workers and erode tax bases, particularly in developed markets.Fitch said investors also remain concerned about intensifying competition and limited transparency in private credit, particularly in the U.S. middle-market lending sector.However, it does not expect the asset class to pose a systemic risk on its own.On sovereigns, Fitch said investors are assessing Indonesia's policy credibility, fiscal transparency and the role of its new sovereign wealth fund, Danantara, while continuing to view Japan and South Korea as relatively resilient despite longer-term fiscal and structural challenges.The agency added that geopolitical tensions in the Gulf continue to pose downside risks, although the direct credit impact has so far been modest.

^BSE^HNX^HOSE^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

South Korean Shares Close Higher on Overnight Wall Street Gains, Potential US-Iran Negotiations Ahead

South Korean shares closed higher on Tuesday, in line with overnight gains on Wall Street after the US and Iran agreed to cease attacks in and around the Strait of Hormuz and are expected to hold talks in Qatar.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 1%, or 81.83 points, to close at 8,476.48. The Kosdaq, however, fell by 0.5%, or 4.39 points, to end at 916.18.Wall Street rebounded on Monday amid a rally of technology stocks. The Dow Jones Industrial Average added 0.59% to close at a record high, while the Nasdaq Composite rose 2.07%, and the S&P 500 increased 1.18%.U.S. President Donald Trump said U.S. and Iranian officials will meet in Qatar on Tuesday after Tehran "requested" talks following days of reciprocal attacks that strained their interim agreement, according to AL Jazeera.However, Iran's Foreign Ministry denied any scheduled meeting with the US but said that it will send a special delegation to Doha to secure the release of frozen assets.On the corporate front, Samsung Group and SK Group announced investment plans totaling 2,655 trillion won and 1,100 trillion won, respectively, to build regional semiconductor hubs and nationwide AI infrastructure, according to statements from the firms on Monday.Samsung Electronics (KRX:005930) plans to invest 2,030 trillion won in semiconductor clusters, which comprise the Pyeongtaek Campus and Yongin National Industrial Complex, while allocating 625 trillion won to projects in the Honam, Chungcheong and Yeongnam regions. These will focus on AI chips, robots, batteries, and IT components.Of that regional allocation, 425 trillion won will be concentrated in the Honam region, where Samsung Electronics will deploy 400 trillion won to build a new semiconductor fabrication plant and a digital-twin-based innovation hub in Gwangju.Meanwhile, chipmaker SK Hynix (KRX:000660) will invest 1,100 trillion won to build an AI memory production network across Yongin, Cheongju and southwestern Korea. The company aims to complete the fourth fab at its Yongin Semiconductor Cluster by 2033, 12 years ahead of schedule, with total investment in the semiconductor cluster expected to hit 600 trillion won.Alongside these corporate investments, South Korea unveiled a 550 trillion won joint private-public initiative involving internet firm Naver (KRX:035420) to build 8.4 gigawatts of AI data center capacity by 2029.Naver did not immediately respond to' request for comment.Shares of Samsung Electronics added 4% at market close, those of SK Hynix added 2%, while those of Naver fell over 2%.In other news, Samsung Electro-Mechanics (KRX:009150) secured a supply agreement for multi-layer ceramic capacitors (MLCC) from an undisclosed client, according to a Monday filing with the Korea Exchange.The contract, valued at 454 billion won, is valid till Dec. 31, 2027.Shares of Samsung Electro-Mechanics rose nearly 8% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:009150KRX:035420
South Korea Enlists Samsung, SK Hynix, Naver in Multitrillion-Won AI, Chip Investment Plan
US Markets

South Korea Enlists Samsung, SK Hynix, Naver in Multitrillion-Won AI, Chip Investment Plan

South Korea has announced plans to build semiconductor facilities and artificial intelligence (AI) data centers, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).As part of the national strategy, a 550 trillion won project will be launched in cooperation with the government, SK, conglomerate GS Group and Naver to build an initial 8.4 gigawatt AI data center capacity by 2029.The government plans to expand this framework to 15GW by 2035 as part of its Phase 2 project with SK.SK Group announced its own 1,100 trillion won investment to establish a semiconductor production belt linking the cities of Yongin and Cheongju with the country's southwestern region, while its broader AI infrastructure push is projected to drive an additional 1,000 trillion won in investment.These initiatives align with SK's ongoing project in Ulsan, where it is building an AI data center in partnership with Amazon Web Services (AWS) that is slated to begin operations in 2027. Another next-generation AI data center is also planned in collaboration with Nvidia.Meanwhile, Samsung plans to invest 2,655 trillion won to develop advanced semiconductor clusters. These will be located at its Pyeongtaek Campus and the Yongin National Industrial Complex, as well as across the Honam, Chungcheong, and Yeongnam regions.Within the Honam region, Gwangju is being considered as a prime candidate for one of Samsung's major semiconductor hubs outside of the Seoul metropolitan area as the city offers attractive incentives.Samsung also plans to build a digital twin-based innovation hub factory for smart home appliances in Gwangju. Additionally, the company will invest 56 trillion won to build high-bandwidth memory fabs in Cheonan and Onyang.The plans are part of the government's goal for South Korea to become a global leader in physical AI by 2030. The government seeks to establish a comprehensive data management system, considering the next three years as a "golden time" to determine the trajectory of the country in the physical AI industry.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:035420
International

Asia-Pacific Capital Market Confidence Hits Record High in 2026: ASIFMA Survey

Confidence in Asia-Pacific (APAC) capital markets reached a record high, with 66% of financial firms planning regional expansion over the next three years, according to the 2026 edition released Tuesday by the Asia Securities Industry and Financial Markets Association (ASIFMA) in collaboration with KPMG.However, there was intense competition among APAC jurisdictions in terms of capital and investment.Companies are becoming more stringent in allocating their resources, with expansion plans shifting across markets as they prioritize more attractive individual APAC economies, the release said.Singapore remained the top-ranked Asia-Pacific market for ease of doing business, while Hong Kong remained at second place. India and mainland China improved their rankings, rebounding from last year's declines.The most attractive markets were those with open capital accounts, internationalized talent pools, predictable regulatory frameworks, and active two-way industry dialogue, it said.

^BSE^HNX^HOSE^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia Markets

South Korean Shares Close Slightly Lower on Tech Losses, Rising Oil Prices

South Korean shares closed slightly lower on Monday on losses made by heavyweight technology stocks Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), shares of which fell by nearly 5% and 2%, respectively, at market close.Rising oil prices also put a strain on investor optimism amid the continued hostilities between the U.S. and Iran. Brent crude for August delivery traded at $73.21 a barrel as of 03:30 GMT, rising $1.27 higher from its level before the U.S. and Israel launched military action against Iran on Feb. 28.The benchmark Korea Composite Stock Price Index, or Kospi, marginally declined by 0.2%, or 16.56 points, to close at 8,394.65. The Kosdaq, however, rose by 8.1%, or 69.2 points, to end at 920.57.On the corporate front, the labor union of Samsung Biologics (KRX:207940) on Sunday voted to exit the Samsung Group federation, with an aim to alter the union's organizational structure, Pulse News reported Monday.The union conducted a vote from June 24 to June 28, with 2,392 of 2,479 participating members, or 96.5%, backing the proposal to quit the group federation. The proposal required a majority turnout and approval from at least two-thirds of participating members to pass, according to the report.Responding to, Samsung Biologics said the union's withdrawal from the super‑union is expected to have minimal impact, adding discussions on scheduling proposals remain ongoing, and it remains committed to operational stability and minimizing any effect on client projects.Shares of the company jumped nearly 8% at market close.In other news, HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for two liquefied petroleum gas (LPG) carriers from an Asia-based shipper, according to a Monday filing with the Korean Exchange.The deal is valued at 366 billion won. The shipbuilder will deliver the vessels by Dec. 31, 2029.Shares of HD Korea Shipbuilding rose over 6% at market close.

^KOSDAQKOSPIKRX:000660KRX:005930KRX:009540KRX:207940
Asia

Market Chatter: South Korea Targets 2GW of Solar Capacity in H1

South Korea is looking to add around 2 gigawatts of solar capacity during the first half of the year, in line with the country's target of 100GW of renewable energy capacity by 2030, according to a report by the Pulse on Monday, citing data from the Ministry of Climate, Energy and Environment and Korea Electric Power.Based on the data, the country has installed 1.8GW of new solar capacity in the first five months of the year, with the ministry targeting to go beyond 2GW by the end of June, the report added.The country needs to add around 11GW of new solar capacity over the next few years to meet the 100GW target, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^KOSDAQKOSPI
Asia

South Korea Signs Deal to Advance $150 Billion Shipbuilding Investment in US

The Korea-U.S. Strategic Investment Corporation (KUIC), four policy finance institutions, and three Korean shipbuilders signed a memorandum of understanding to deploy $150 billion in Korea-U.S. shipbuilding investments, the trade ministry said Thursday.The four policy finance institutions are the Export-Import Bank of Korea, Korea Development Bank, Korea Trade Insurance Corporation, and Korea Ocean Business Corporation, while the three shipbuilders are HD Hyundai Heavy Industries (KRX:329180), Samsung Heavy Industries (KRX:010140), and Hanwha Ocean (KRX:042660).Under the agreement, the parties will establish a consultative body to share information, identify project opportunities, and coordinate policy financing, the release said.Shares of HD Hyundai Heavy Industries and Samsung Heavy Industries fell over 3%, while those of Hanwha Ocean declined more than 7% at market close on Friday.

^KOSDAQKOSPIKRX:010140KRX:042660KRX:329180

Showing 61-80 of 292

Track with the FINWIRES app suite