Kospi
*Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
Kospi
The Korea Composite Stock Price Index or Kospi is the benchmark equity index of South Korea. It is the index of all common stocks traded on the Stock Market Division — previously known as Korea Stock Exchange — of Korea Exchange.The index is calculated based on market capitalisation method. Kospi replaced Dow-style KCSPI (Korea Composite Stock Price Index) in 1983. The index was introduced in 1983 with a base value of 100. On July 24, 2007, it broke the 2,000 barrier for the first time. The index's Korean name was officially changed to Koseupi jisu in November 2005.
Sensex jumps over 500 pts, Nifty tops 25,450 on earnings optimism and fresh FII inflows
Indian stock markets traded higher on Thursday. The Sensex and Nifty saw gains, led by financial and consumer durable stocks. This rise was driven by positive sentiment regarding a domestic earnings recovery. Additionally, new foreign investments contributed to the upward trend. Investors are showing renewed confidence in the market.
Sensex climbs 200 pts, Nifty above 25,250 as rally in IT stocks, soft inflation lift mood
Indian stock markets, Sensex and Nifty, opened higher on Tuesday, driven by strong IT sector performance following HCLTech's positive quarterly earnings. Easing retail inflation further bolstered market sentiment, increasing anticipation of a potential Reserve Bank of India rate cut in December.
Dow Jones crashes 400 points, Nasdaq falls 2% after Trump threatens more tariffs on China
U.S. stocks tumbled Friday as President Trump threatened a massive tariff increase on China, citing trade hostility and restrictions on rare earth exports. This escalation of trade tensions between the two largest economies led to widespread market drops, with the S&P 500 falling 1.5% and the Dow Jones Industrial Average down 456 points.
Gold price rate to rise more or fall back? Here's what is driving spike, all about debasement trade, China’s gold buying, AI bubble concerns, macroeconomic factors
Gold price rate to rise more or fall back? Gold hit a new record above $4,000 per troy ounce amid U.S. debt concerns, China’s gold buying, and AI-driven market uncertainty. Investors seek safe havens as the US shutdown continues, while tech stock rallies create market tension.
Sensex falls over 400 pts, Nifty slips below 25,200 as global trade tensions flare
Indian benchmark indices Sensex and Nifty opened lower Monday, impacted by financial and oil & gas sector declines. Renewed global trade tensions, fueled by U.S. President Trump's actions against Beijing and China's rare earth export restrictions, rattled investor sentiment. Investors also closely monitored the market debut of Tata Capital, the year's largest IPO.
Sensex climbs 300 pts, Nifty tops 25,250 as FPIs return to D-St; TCS caps gains
Indian equity indices Sensex and Nifty opened higher on Friday, buoyed by renewed foreign portfolio investor buying. Gains were partially offset by losses in TCS after a weaker-than-expected profit report. Broader markets also firmed, with midcaps and smallcaps showing positive movement.
Wall Street tumbles to its worst day since April after Trump threatens more tariffs on China
Wall Street experienced a sharp decline on Friday. President Donald Trump's threat to significantly increase tariffs on China triggered a massive sell-off. Major stock indices like the S&P 500, Dow Jones, and Nasdaq saw substantial drops. This escalation in trade tensions impacted global markets, with European and Asian indexes also falling. The oil market also reacted to the news.
Samsung, SK Hynix shares leap after OpenAI chip deal
South Korean shares soared to a record high on Thursday, driven by a significant surge in chipmakers Samsung Electronics and SK Hynix. Both companies secured a major deal to supply memory chips for OpenAI's data centres, propelling the benchmark KOSPI over 3%.
U.S. stock market futures soar after $2 trillion market wipeout last week as Trump softens China stance — Dow, S&P 500, Nasdaq surge; Tech giants AMD and Nvidia lead premarket recovery
U.S. stock market futures soared Monday, rebounding after a $2 trillion wipeout last week. President Donald Trump’s softer tone on China trade tensions boosted investor sentiment. Dow futures jumped over 400 points, while S&P 500 and Nasdaq futures climbed sharply. Tech giants AMD and Nvidia led the premarket rally as traders bet U.S.–China relations may improve and the market’s recovery could strengthen ahead.
Dow, S&P 500, Nasdaq futures steady as shutdown drags on; Intel rises on price target upgrade, Applied Digital surges after strong revenue, gold edges down while silver bucks the trend
US stock market today opened cautiously. Futures for the Dow, S&P 500, and Nasdaq held steady as investors waited for fresh cues from earnings and a possible end to the government shutdown. Intel climbed after a price target upgrade, while Applied Digital surged on strong revenue. Gold slipped slightly, but silver moved higher, defying the trend. Traders are watching closely as Wall Street braces for key inflation data and major bank earnings next week.
Chipmakers add $200 billion in global rally
Chipmakers' market value increased. Investors sought artificial intelligence exposure. Tech stocks reached new highs. OpenAI deals and Intel talks fueled this market. Korean chip stocks gained. European chip equipment makers also advanced. Investors showed fear of missing out. Valuations rose, nearing record levels. This rally reflects a scramble for AI technology.
South Korean shares set to snap 4-week rally on US tariff woes
South Korean shares experienced a significant slump on Friday, poised for their first weekly loss in five weeks, influenced by uncertainties surrounding trade negotiations with the U.S. and new tariffs imposed by President Trump. The Korean won weakened to its lowest level in over four months, while the benchmark bond yield increased.
Tech leads Asia share rally, gold near record high on Fed rate cut bets
Asian tech shares rallied Thursday. Gold reached a new record high. The dollar lost ground. A weak US labor report bolstered bets for Federal Reserve rate cuts. This market sentiment lifted indexes despite a US government shutdown. Oil prices also gained. Traders expect easier policy ahead, influencing global finance.
Goldman Sachs' Rs 10,000 crore India portfolio: 4 stocks rally 50-155% in 1 year
Goldman Sachs has secured significant gains, ranging from 50% to 155%, from its India portfolio companies over the past year. This impressive performance occurred despite Indian equities posting muted returns and facing FII selling. The global investment giant successfully identified high-performing stocks amidst market turbulence.
Deep dive: How reforms & earnings rebound can trigger a market rally
India's Nifty has significantly underperformed global markets over the past year, dropping 3.6% while others soared. This follows a post-Covid boom driven by retail investors and strong earnings, which led to stretched valuations. Corporate earnings growth also slowed to 5%.
Sensex rises over 200 pts, Nifty above 24,650 ahead of RBI MPC meet outcome; auto, pharma stocks gain
Indian benchmark indices, Nifty and Sensex, opened marginally higher on Wednesday, October 1, as investors awaited the RBI MPC meeting outcome. The RBI is widely expected to maintain interest rates at 5.50%. If these gains persist, it would end an eight-day losing streak for frontline indices, with Auto and Pharma performing well.
US stocks tick higher as investors look past hawkish talk, await shutdown clarity
U.S. stocks rose Monday, recovering recent losses, despite looming government shutdown fears and new tariffs. Electronic Arts jumped on a $55 billion buyout, while global markets showed mixed results. Oil prices fell on oversupply worries, but gold hit a record high, as investors weighed upcoming jobs data and inflation concerns.
South Korean shares hit record high as Samsung Electronics jumps
South Korean shares surged to a record high, fueled by investor optimism in the semiconductor industry, particularly benefiting Samsung Electronics and SK Hynix. The KOSPI benchmark rose significantly, driven by expectations of robust chip demand due to the artificial intelligence boom. Investors are closely watching Micron Technology's upcoming earnings for further insights into the sector's outlook.
Capital market payments via UPI down 22%
UPI transactions for capital market investments experienced a 22% year-on-year decline in volume from June to August, totaling ₹1.51 lakh crore. This drop occurred as investors became cautious ahead of the new UPI payment framework aimed at curbing fraud, set to launch on October 1. The new system introduces a fund-blocking mechanism similar to ASBA.
US stocks tick higher after inflation data calms rate-cut jitters
US stocks are rising today, recovering earlier losses. An inflation report met economists' expectations. This boosts hopes for future Federal Reserve rate cuts. President Donald Trump announced new tariffs on various imports. These tariffs start in October. Some companies like Paccar and Eli Lilly gained. Others like Williams-Sonoma and Costco saw declines.
South Korean shares hit fresh record as chip, pharma stocks rally
South Korean shares reached a record high on Tuesday. Chipmakers saw gains due to optimism surrounding Micron Technology's upcoming results. Celltrion's shares surged following its acquisition of a US factory from Eli Lilly. Samsung Electronics and SK Hynix also experienced increases. Foreign investors were net buyers of Korean shares. The Korean won weakened slightly against the dollar.
Sensex falls over 50 pts, Nifty below 25,050 as D-St extends losing streak to day 5
Indian equities traded flat on Thursday, recovering from early losses amid gains in consumption-focused stocks fueled by festive season expectations. Foreign outflows and U.S. visa restrictions created caution in the market. While broader markets showed positive movement, auto stocks declined due to concerns about Jaguar Land Rover's cyberattack impact.
US stock futures rise as Nasdaq, S&P 500 rebound on Alibaba’s AI pledge and Micron earnings; Fed rate cut debate in focus
US stock futures moved up as investors looked at AI growth and company earnings. Alibaba raised its AI spending plan and Micron gave strong results, bringing more hope to the market. Traders are also waiting for the inflation report and housing data this week, which will guide the Federal Reserve on interest rate moves.
Market Wrap: Nifty extends slide to Day 3, falls below 25,200, Sensex drops 57 points as U.S. visa worries weigh
Indian benchmark indices Sensex and Nifty ended lower on Tuesday, falling for a third consecutive session, with gains in auto makers on festive-season demand failing to offset broader losses fueled by worries over a steep increase in U.S. H-1B visa fees.
Can the divergence between DXY and USD/INR pave the way for rupee’s return to 86.50?
USD/INR diverges from the U.S. Dollar Index as the rupee weakens to ₹88.45 despite DXY easing. RBI unwinding, FII outflows, and U.S. tariffs pressure the rupee, while India’s strong GDP, reforms, credit upgrade, and external balance support recovery. Near-term trend favours gradual rupee appreciation.
India stock market branded world's worst in 2025. Can Sensex, Nifty stage stunning comeback?
Indian stock market faces a downturn in 2025. Sensex shows poor returns compared to global markets. High valuations and slow earnings growth contribute to this. Foreign investors are selling off Indian stocks. Political uncertainty adds to the problem. Experts anticipate a turnaround with policy support and earnings recovery. The market's future depends on upcoming events and reforms.
South Korean shares hit record high as chipmakers rise on Wall Street boost
South Korean shares reached a record high on Tuesday. This surge was fueled by gains in chipmakers, mirroring positive trends on Wall Street. Samsung Electronics and SK Hynix saw significant increases. The KOSPI index rose, marking its eleventh consecutive session of gains. Foreign investors were net buyers of Korean shares. The Korean won strengthened slightly against the US dollar.
South Korean shares hit record high as tax hike plan scrapped
South Korean stock market witnessed a surge. KOSPI benchmark increased, marking a tenth consecutive session of gains. This surge followed the government's decision to scrap a proposed stock investment tax hike. Samsung Electronics saw a rise, while Hyundai Motor and Kia Corp experienced declines. Foreign investors actively bought shares. The Korean won strengthened against the dollar.
Wall Street poised to open at record levels following the Fed's first rate cut of 2025
Strong overnight gains have Wall Street poised to open at record highs Thursday following the Federal Reserve's first interest rate cut in nine months.
S&P, Nasdaq hit record highs as Fed signals more easing; Intel, Nvidia surge
Wall Street is nearing record highs, driven by a tech stock surge. Nvidia and Intel's $5 billion partnership boosts the market. Economic reports lift Treasury yields. The Federal Reserve's interest rate cut aims to stimulate the slowing job market. Novo Nordisk's weight-loss drug shows promising results. Cracker Barrel and Darden Restaurants face profit concerns. International markets show mixed performance.
South Korean stocks hit record high on AI, market reform optimism
South Korean shares surged to a record high, marking their best weekly performance in over 18 months, fueled by optimism surrounding artificial intelligence and domestic market reforms. Chipmakers like Samsung Electronics and SK Hynix led the gains, driven by anticipated demand from the global AI boom.
D-Street valuations near historical averages; still costly vs peers
Indian equity valuations, while below historical averages, remain elevated compared to Asian peers, raising concerns amid slowing earnings growth. Foreign investors are paring exposure due to the combination of rich valuations and decelerating nominal GDP growth. Fund managers suggest considering sector weights within Indian indices for a more accurate valuation assessment, as consumer-heavy indices inflate overall metrics.
Sensex jumps over 400 pts, Nifty50 tops 25,000 after Trump revives trade talks with India
Indian stocks began Wednesday on a positive note, as the Nifty extended its winning streak for the fifth consecutive day. Optimism surrounding potential goods and services tax reductions, coupled with the resumption of trade discussions between the United States and India, boosted market sentiment. The S&P BSE Sensex and NSE Nifty 50 both experienced gains at the opening.
Sensex jumps over 150 pts, Nifty50 tops 25,000 amid an 8-day rally; IT stocks gain on Fed rate cut bets
Indian stocks began Friday on a positive note, with the Nifty 50 marking its eighth consecutive session of gains. This surge mirrored global market trends, spurred by encouraging U.S. jobs data that softened concerns about higher inflation. Renewed hopes for Federal Reserve rate cuts and optimism surrounding a potential resurgence in India-U.S. trade relations further bolstered market sentiment.
Diwali rally watch: Is Trump the last piece of the puzzle for Nifty breakout?
Indian stock markets anticipate a potential breakout as Donald Trump signals a trade deal, potentially ending tariff standoffs. This, combined with expected earnings recovery in 2025, GST rate cuts, and anticipated Fed rate cuts, could trigger a significant Diwali rally. Analysts foresee positive impacts on BFSI, IT, and export-oriented sectors, potentially leading to substantial market gains.
Market Wrap: Sensex gains 314 points, Nifty above 24,850 on Infosys buyback optimism, consumer stocks rally
Indian equities closed higher on Tuesday, fueled by Infosys' share buyback announcement, which boosted IT stocks. Optimism surrounding potential GST cuts and growing expectations of a U.S. interest rate reduction further supported market sentiment. The Sensex and Nifty both gained, with IT and consumer discretionary sectors leading the advance.
Shares in Samsung, SK Hynix drop after US makes it harder to make chips in China
Samsung and SK Hynix shares plummeted following Washington's revocation of authorizations, restricting their access to U.S. semiconductor manufacturing equipment for Chinese plants. Samsung shares declined by 2.3%, while SK Hynix experienced a 4.4% drop. SK Hynix plans to collaborate closely with Korean and U.S. governments to mitigate business impact.
Alibaba shares soar over 15% even as Asia markets dip
Alibaba shares surged, lifting the Hang Seng index. Other Asian markets declined following Wall Street's retreat. Japan's Nikkei fell sharply, pressured by tech stocks. Jakarta faced unrest due to economic hardship. South Korean semiconductor exports hit a record. US stocks dipped ahead of the Labor Day weekend. Inflation data impacted expectations for Federal Reserve rate cuts.
Asian shares choppy, dollar steady as traders await Powell speech
Asian stocks saw a slight increase as investors cautiously await Federal Reserve Chair Jerome Powell's speech at Jackson Hole for insights on potential September rate cuts. Mixed U.S. economic data, including strong manufacturing growth and rising jobless claims, adds to the uncertainty. The yen remained steady, while oil prices dipped after recent gains.
Sensex falls over 500 pts, Nifty below 25,000 ahead of Powell’s Jackson Hole speech
Indian benchmark indices Sensex and Nifty experienced a decline at the opening on Friday, interrupting a six-day rally driven by optimism surrounding Goods and Services Tax (GST) reforms. Investors adopted a cautious stance in anticipation of Federal Reserve Chair Jerome Powell's policy remarks at the Jackson Hole symposium later in the day.
RIL, bank stocks drive Sensex 300 pts higher, Nifty above 25,100
Indian equity markets traded higher, fueled by gains in Reliance Industries and financial stocks, continuing a five-day rally amid GST cut optimism. The Sensex and Nifty both saw increases, while investors awaited insights from the Federal Reserve's symposium regarding interest rates. Market experts advise vigilance regarding valuations, particularly within the small-cap sector, despite overall positive momentum.
Wall Street ticks higher after a rally wrapped around the world
Wall Street saw gains as hopes rose for interest rate cuts. S&P 500 and Nasdaq hit new records. Dow Jones also climbed. Asian and European markets reacted positively. Homebuilder stocks surged. HanesBrands agreed to be acquired by Gildan. Bullish had a strong debut. Amazon's grocery delivery plans impacted Kroger and DoorDash. Cava Group and CoreWeave faced losses. Treasury yields decreased.
S&P 500, Nasdaq hit record highs on September rate cut hopes
Wall Street surged on Wednesday, with the S&P 500 and Nasdaq reaching unprecedented highs. Optimism is growing that the Federal Reserve might initiate monetary policy easing as early as next month. The Dow Jones Industrial Average also saw gains, reflecting a broad market upswing fueled by anticipation of a more accommodative monetary policy.
Market Wrap: Sensex rises 746 points higher, Nifty above 24,550 amid fresh foreign fund inflows
Indian equity markets rebounded strongly, driven by positive earnings from State Bank of India and Tata Motors, alongside renewed investor confidence after a six-week losing streak. The Nifty 50 and Sensex both saw significant gains as investors anticipated U.S.-Russia talks. Gains were broad-based across sectors, with public sector banks leading the rally, while markets are closely monitoring the upcoming U.S.
South Korea won, shares fall after soft China trade data
South Korean won and shares fell on Tuesday morning after news China's exports and imports fell substantially in September.
Sensex falls over 500 pts, Nifty tests 24,400 after Trump's 50% tariff on India
Indian markets faced a third consecutive day of losses as the Sensex and Nifty50 declined due to new US tariffs, sparking economic concerns. Adani Ports and Tata Motors were among the top losers. Despite the RBI maintaining a 6.5% GDP growth forecast, experts advise caution, favoring domestic-focused sectors.
South Korean shares close at highest in nearly 4 years
The Korea Composite Stock Price Index (KOSPI) rose for a third consecutive session, climbing 0.6 per cent to 2,111.72, its highest close since August 2, 2011.
What Trump tariffs? Sensex, Nifty end higher as markets take a U-turn on expiry day
Indian stock markets declined for the third consecutive session on Thursday. This drop was influenced by several factors. These include Trump's increased tariffs on Indian goods and continuous selling by foreign investors. Subdued Q1 earnings and a strong dollar also contributed to the market's decline. Technical analysis suggests continued pressure, advising a cautious trading approach.
Korea’s Kospi falls into bear market as tariff worries persist
The Kospi closed 1.7% lower Wednesday, taking its decline from a July high to more than 20%. The Korean won briefly declined to the lowest since the financial crisis before paring the loss to trade little changed.
Asian shares rise after US rebound amid sanctions on Ukraine
Japan's benchmark Nikkei 225 surged 1.4% in morning trading to 26,343.02. Australia's S&P/ASX 200 gained 0.5% to 7,022.30. South Korea's Kospi jumped 1.2% to 2,681.19. Hong Kong's Hang Seng added nearly 0.2% to 22,941.59, while the Shanghai Composite rose 0.8% to 3,456.39.
S.Korean stocks down on weak earnings concerns, won slips
The South Korean won was quoted at 1,204.2 to the dollar at the conclusion of onshore trade, down 0.8 per cent.
Cryptocurrencies command 'Kimchi Premium' in S.Korea due to capital flow controls: BofA
On Tuesday, Bitcoin, the world's biggest and best-known cryptocurrency, was trading at $45,219 on Bitstamp Exchange, but data from the Coinmarketcap.com shows it was trading about $4,000 higher in South Korea. Back in January, 2018, the premium went as high as almost $8,000.
Sensex, Nifty edge lower; global growth concerns weigh
In the Sensex pack of stocks, 11 were in the green while 19 in the red.
Asian stocks hit record peak as vaccine hopes dampen virus fears
MSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
South Korean shares trigger trading curb for first time since 2020 amid tech rout
The Korea Exchange activated sidecar trading curbs on the KOSPI market, halting program trading for five minutes on Monday, as the benchmark KOSPI fell 5% by 11:11 a.m. local time, following a 3.7% drop on Friday, marking its worst session since March 2020.
US Stock Market today: S&P 500, Nasdaq recovering black Friday's loss. Which stocks are gaining, which are losing?
Berkshire Hathaway fell 3.2 per cent after Warren Buffett’s company reported less than half as much profit in the second quarter from a year earlier in large part because it wrote down the value of its investment in Kraft Heinz. Tesla rose 2.5 per cent after awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion.
Asian shares track Wall Street losses ahead of U.S. inflation data
The slips in Asian markets tracked Wall Street, which closed on Tuesday with all three major indices down. The S&P 500 fell 0.42%, the Dow Jones Industrial Average dropped 0.18%, and the Nasdaq Composite lost 1.19%. The dollar reversed losses overnight and was trading flat in Asia. The dollar index, which measures the safe-haven greenback against six major peers, was down 0.009% at $106.330.
Hyundai Motor plans to invest $79.2 bn through 2030
In late 2020, Hyundai Motor, which together with affiliate Kia Corp is among the world's top 10 biggest automakers by sales, said it would target a share of 8% to 10% of the global EV market by 2040.
Pre-market: Nifty50 may see positive start as crude rebounds
At 07:45 am, Nifty50 futures on the Singapore Stock Exchange were trading 20 points, or 0.25 per cent, higher at 7886.50.
South Korean shares post best day in 20 months; won also gains
The won also gained on heavy foreign purchases of local shares, finishing onshore trade at 1,128.9 per dollar, up 0.23 per cent.
The country with the world’s longest short-selling ban is risking a market fall
Korea, whose benchmark surged last year and is up 8 per cent in 2021, this week bowed to retail investor pressure and extended the ban on the key hedging tool, unsettling institutions.
World shares higher as Russia-Ukraine peace talks resume
The first face-to-face talks in two weeks between Russia and Ukraine began Tuesday in Turkey, raising meagre hopes of progress on ending a war that has ground into a bloody campaign of attrition.
Stocks rise after US government reopens for now
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.2 per cent.
