South Korean stocks edged up on Friday after choppy trading amid expectations of a US-Russia meeting next week about the standoff over Ukraine. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 0.43 point, or 0.02 percent, to close at 2,744.52 points. Trading volume was moderate at about 506 million shares worth some 8.4 trillion won ($7 billion), with gainers outnumbering losers 622 to 225. Institutions bought a net 103 billion won and reta

South Korean stocks opened steeply lower Friday, tracking a plunge on Wall Street that stemmed from the elevating US-Russia tensions over Moscow's potential invasion of Ukraine. The benchmark Korea Composite Stock Price Index (KOSPI) lost 24.86 points, or 0.91 percent, to 2,719.23 points as of 9:15 a.m. Overnight, the tech-heavy Nasdaq composite tumbled 2.88 percent and the Dow Jones Industrial Average retreated 1.78 percent, due to the US top officials' comments about the heightening possibilit

The Korea Exchange said Thursday that it has put Osstem Implant under review to determine whether to delist the company amid a probe into a massive embezzlement scandal.  A review committee will convene a meeting in March to make a decision on whether to allow the implant maker to continue trading or grant it a one-year grace period. Listed companies are suspended from trading and face delisting if they report embezzlement exceeding 5 percent of their equity. Osstem Implant was

South Korean stocks advanced for a second straight session Thursday, as the US Federal Reserve's January minutes largely remained within the market expectations. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) increased 14.41 points, or 0.53 percent, to close at 2,744.09 points. Trading volume was moderate at about 602 million shares worth some 11.7 trillion won ($9.8 billion), with gainers outnumbering losers 464 to 372. Foreigners bought a

Manufacturing-driven economy prone to cyclical challenges key cause of uncertainty, experts say

South Korean stocks opened higher Thursday, as the US Federal Reserve's January minutes largely remained within the market expectations. The benchmark Korea Composite Stock Price Index (KOSPI) climbed 14.44 points, or 0.53 percent, to 2,744.12 points in the first 15 minutes of trading. According to the Fed's minute, the officials reiterated their stance that they would soon start raising the key interest rates to rein in price pressure. The January document did not include the impacts from the U

South Korean stocks rebounded nearly two percent Wednesday, snapping a three-day losing streak, as Ukraine tensions eased. The Korean won increased against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) surged 53.14 points, or 1.99 percent, to close at 2,729.68 points. Trading volume was moderate at about 415 million shares worth some 8.3 trillion won ($6.9 billion), with losers far outnumbering gainers 832 to 64 Foreign and retailer investors sold a net 43.1 billion won

Demand for high-rise apartments alongside Han River driven by desire to show off, enjoy natural scenery, convenience of city center

South Korean stocks opened sharply higher Wednesday, tracking overnight gains on Wall Street that stemmed from eased Ukraine tensions. The benchmark Korea Composite Stock Price Index (Kospi) rose 40.21 points, or 1.5 percent, to trade at 2,716.75 points in the first 15 minutes of trading. Overnight, US stocks rallied, snapping a three-day losing streak, on the back of overall gains in tech shares amid eased tensions over Russia's possible invasion of Ukraine. The Dow Jones Industrial Average

South Korean stocks opened nearly flat Tuesday, as investors took to the sidelines amid heightening US-Russia tensions over Moscow's potential invasion of Ukraine. The benchmark Korea Composite Stock Price Index (Kospi) edged up 0.79 point, or 0.03 percent, to 2,705.27 points in the first 15 minutes of trading. Overnight, the tech-heavy Nasdaq composite closed unchanged and the Dow Jones Industrial Average lost 0.49 percent. In Seoul, market bellwether Samsung Electronics added 0.27 percent,

Morgan Stanley Capital International, the world’s largest index provider, could reclassify South Korea as a developed market from the current emerging market status as early as 2024, if Seoul works to internationalize currency markets, Goldman Sachs said Monday in a report. “If Korea addresses MSCI market accessibility concerns, it could be placed on the annual review watchlist this June,” the report said, referring to a necessary step before Korea can be officially included i

South Korean stocks closed sharply lower Monday, tracking a plunge on Wall Street last week amid heightening US-Russia tensions over Moscow's potential invasion of Ukraine. The Korean won sharply rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) decreased 43.23 points, or 1.57 percent, to close at 2,704.48 points. Trading volume was moderate at about 606 million shares worth some 11.3 trillion won ($9.4 billion), with losers outnumbering gainers 787 to 117. Reta

Foreigners were net sellers of Korean shares in January, ending their buying spree in December last year as investor appetite soured on signals from the US Federal Reserve that it was accelerating its policy tightening measures, data showed Monday. In January, foreigners offloaded a net 1.6 trillion won ($1.3 billion) in shares, having bought 629 billion won in the benchmark Kospi market while shedding 2.3 trillion won in the junior Kosdaq. They purchased bonds of 3.6 trillion won in the same p

Foreign investors turned net sellers of South Korean stocks in January, but their net investment in local bonds continued to expand, data showed Monday. Foreigners sold a net 1.68 trillion won ($1.4 billion) worth of local stocks last month, compared with their net purchase of 4.36 trillion won in December, according to the data from the Financial Supervisory Service (FSS). It represented offshore investors' first net selling of South Korean stocks in three months. Investors from the United Stat

South Korean stocks are likely to fluctuate in a broad range as investors digest the high-flying inflation rates in the United States, analysts said Saturday. The benchmark Korea Composite Stock Price Index closed at 2,747.71 points Friday, little changed from 2,750.26 points a week ago. The key stock index on Friday snapped its three-day winning streak from corporate earnings hope due largely to the highest US inflation growth in four decades, released the previous night. Analysts said the h