South Korea's Kospi Index jumped by over 4% on Friday, capping a highly volatile week that saw it plunge to 7,060, its lowest level since May 20. It remains in a local bear market after falling by 20% from its highest point this year.
SK Hynix's blockbuster U.S. listing could reshape semiconductor investing. Here's how chip, Korea, Nasdaq and IPO ETFs stand to benefit.
South Korean battery maker LG Energy Solution said on Tuesday it expects April-June operating profit to fall 77% to 113 billion won ($73.91 million), as sluggish electric vehicle (EV) demand continued to weigh on battery sales.
The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics' preliminary earnings report. It was trading at 7,947, down by 15% from its highest point this year.
The iShares MSCI South Korea ETF (NYSEARCA:EWY) just gave back a chunk of its blockbuster year in a single week.
South Korea's AI-driven semiconductor story remains intact. Here's why the recent pullback may be a buying opportunity for long-term investors.
South Korea's Kospi Composite Index slipped by nearly 2% on Monday morning, driven by the sell-off in SK Hynix and Samsung, rising crude oil prices amid the ongoing US-Iran crisis, and fears of single-stock ETFs. It retreated to 8,255 points, a few points below the year-to-date high of 9,387.
South Korean stocks ended their worst week in more than three months on Friday, capping a turbulent stretch that has also prompted comparisons between the country's benchmark equity index and the meme-stock frenzy that gripped global markets in 2021. The benchmark KOSPI index closed down 519.09 points, or 5.81%, at 8,411.21 after tumbling as much as 9% earlier in the session, triggering circuit breakers for the second time this week.
South Korean shares slumped more than 8%, as jitters over the valuations of companies riding the artificial-intelligence boom rattled the world's best-performing market this year.
South Korea was hoping to take the first step to an upgrade to developed-market status with MSCI this year. However, the index provider's latest review kept the country in its Emerging Markets category.
South Korea's Kospi Index jumped by over 5% on Thursday, and is slowly nearing its all-time high of 9,387. It has soared by 184% in the last 12 months, making it the best-performing global index.
A combination of a weaker U.S. dollar, a push among retail and institutional investors alike toward international investments, and increasing demand for AI exposure have all positioned South Korea as a country to watch in 2026. Companies like Samsung Electronics and SK Hynix are at the center of the semiconductor industry, responsible for AI and with demand for memory and hardware components far outstripping supply, these companies can reap significant benefits.