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Kospi

All articles tagged with #kospi

markets6 days ago

Tech-led rally lifts Asia markets to fresh highs as rate worries ease

Asian stocks rose on Thursday as technology shares drove gains, offsetting rate-uncertainty, with South Korea’s KOSPI hitting a record near 5,673 as Samsung Electronics led memory-chip gains on AI demand and chip-price optimism; Samsung’s HBM4 mass production news and a chip-shortage backdrop supported pricing. Australia’s ASX 200 also reached a record around 9,118 on strength in mining and banks, while Japan’s Nikkei rose on a weaker yen boosting exporters. January exports in Korea surged about 34%, and softer domestic jobs data kept rate-hike bets in check, even as Fed signals remained hawkish. Mainland China and Hong Kong markets were closed for the Lunar New Year.

world21 days ago

Asia shares pull back from record highs as AI disruption worries weigh on markets

Asian stocks retreated from record levels as fears over AI disruption weighed on risk assets; South Korea’s KOSPI fell about 3.7% after a rally, with Samsung Electronics and SK Hynix down more than 5% as investors booked profits. Chinese indices (CSI 300 and Shanghai) and Hong Kong’s Hang Seng slipped around 1%, while Japan’s Nikkei 225 dipped about 1% despite selective gains elsewhere. U.S. futures were largely flat in early Asian trading.

Kospi Leads Asia Sell-off as Tech Rout Deepens, AMD Drops on Weak Outlook
business21 days ago

Kospi Leads Asia Sell-off as Tech Rout Deepens, AMD Drops on Weak Outlook

South Korea's Kospi slid about 3.9% to 5,163.57, led by Samsung and SK Hynix as a broad tech sell-off hit Asia; Arm/SoftBank results miss and a weak first-quarter forecast from AMD weighed on sentiment, with other chipmakers and tech names falling, while Japan's Nikkei eased and Hong Kong/China markets declined. Bitcoin also fell as global risk appetite remained fragile.

world24 days ago

AI jitters pull Asian markets lower as Wall Street wanes, KOSPI sinks 5%

Asian stocks slid as AI enthusiasm cooled amid weak Wall Street signals. South Korea’s KOSPI fell more than 5% led by heavyweight chipmakers Samsung Electronics and SK Hynix, while Hong Kong’s Hang Seng dropped about 2.5% and other regional markets were weaker. Traders eyed earnings from Amazon and Alphabet and weighed inflation risks after Kevin Warsh’s nomination to lead the Fed, with China PMI data adding to the cautious tone.

Korea-led slide drags Asia markets as metals slump and China PMI signals expansion
business24 days ago

Korea-led slide drags Asia markets as metals slump and China PMI signals expansion

Asia-Pacific stocks fell Monday, led by Korea’s Kospi with futures plunging up to 5%, while Hang Seng and CSI 300 also declined. Gold and silver extended Friday’s declines as investors eyed China’s January PMI, which showed manufacturing expanding at 50.3—the strongest reading in months. Bitcoin slipped back under $80,000 and U.S. stock futures edged lower, signaling a cautious session ahead.

"Global Markets React to Economic Data, UN Cease-Fire Demand, and Tech Rally"
finance1 year ago

"Global Markets React to Economic Data, UN Cease-Fire Demand, and Tech Rally"

Most Asian stocks traded in a tight range as anticipation of key economic readings and inflation data kept sentiment cautious, with South Korean stocks rallying on the back of tech stocks boosted by artificial intelligence hype. Meanwhile, Japanese and Australian markets remained muted ahead of inflation readings, while Chinese stocks struggled amid concerns over slowing economic growth.