Seoul shares opened sharply lower Monday amid deepening political chaos as the opposition-led National Assembly is pushing for another impeachment motion against President Yoon Suk Yeol after a failed bid over the weekend. The benchmark Korea Composite Stock Price Index fell 33.36 points, or 1.37 percent, to 2,394.80 in the first 15 minutes of trading. Yoon has faced massive pressure to step down or face impeachment after last Tuesday's shocking martial law declaration, which was quickly ov

Seoul shares closed down for a third straight session Friday as investors await the result of an impeachment vote against President Yoon Suk Yeol on Saturday over his botched martial law attempt. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 13.69 points, or 0.56 percent, to close at 2,428.16. This week, the index lost 1.1 percent. Trade volume was moderate at 620.82 million shares worth 10.48 trillion won ($7.4 billion), with losers outpacing wi

South Korea’s stock markets dropped sharply Friday as political tensions intensified over calls to impeach President Yoon Suk Yeol, adding pressure to an already fragile investment landscape. As of 11:05 a.m., the Kospi, South Korea’s main stock index, fell 31.56 points, or 1.29 percent to 2,410.49. Although the market opened slightly higher due to bargain-hunting after recent declines, those early gains quickly reversed. Investor sentiment appeared mixed. Retail and foreign investor

Seoul shares opened higher Friday on auto and energy gains, with investors eyeing the planned parliamentary vote for President Yoon Suk Yeol's impeachment over his botched declaration of martial law earlier this week. The benchmark Korea Composite Stock Price Index rose 13.68 points, or 0.56 percent, to 2,455.53 in the first 15 minutes of trading. On Tuesday night, Yoon abruptly declared martial law, accusing the main opposition party of paralyzing the government with impeachment motions an

Seoul shares closed lower for a second straight session on Wednesday as President Yoon Suk Yeol faces an impeachment vote this weekend following his botched declaration of martial law. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 22.15 points, or 0.90 percent, to close at 2,441.85. Trade volume was moderate at 502.49 million shares worth 9.29 trillion won ($6.56 billion), with losers far outpacing winners 724 to 175. Foreigners sold a net 319.19

Seoul shares opened lower Thursday as investors remain worried over political turmoil after President Yoon Suk Yeol's short-lived attempt at martial law. The benchmark Korea Composite Stock Price Index fell 10.64 points, or 0.43 percent, to 2,453.36 in the first 15 minutes of trading. Late Tuesday, Yoon declared martial law, accusing the main opposition Democratic Party of being "anti-state forces" paralyzing the operation of the nation with impeachment motions and a downsized bud

Seoul shares sank by almost 1.5 percent Wednesday amid political chaos as opposition parties moved to impeach President Yoon Suk Yeol over the declaration of martial law overnight before he reversed the decision hours later. The Korean won fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index fell 36.1 points, or 1.44 percent, to close at 2,464.00. Trade volume was heavy at 661.09 million shares worth 13.07 trillion won ($9.26 billion), with losers outpacing winners

South Korea’s financial markets avoided a feared meltdown on Wednesday, recovering quickly after President Yoon Suk Yeol declared -- and just six hours later lifted -- martial law in response to political tensions. Swift intervention from the National Assembly and financial authorities helped calm the initial panic, but questions about political stability continue to weigh on investors. The benchmark Kospi index plunged as much as 2.31 percent during morning trading, bottoming out at 2,442

Shares in companies linked to prominent South Korean political figures surged Wednesday, following the repeal of martial law and a renewed impeachment push against President Yoon Suk Yeol. The sharp rise in stocks seen as politically affiliated appears to be attributed to President Yoon's precarious position following his declaration and subsequent revocation of martial law. As Yoon's grip on power weakens, investors are increasingly betting on stocks linked to prominent presidential

Seoul shares opened lower Wednesday as political uncertainties arose after President Yoon Suk Yeol lifted a short-lived attempt at martial law. The benchmark Korea Composite Stock Price Index (Kospi) fell 25.95 points, or 1.04 percent, to 2,474.15 in the first 15 minutes of trading. On late Tuesday, Yoon declared an "emergency martial law," accusing the main opposition Democratic Party of sympathizing with North Korea and paralyzing the government with anti-state activities. But Yoon l

South Korean stocks soared nearly 2 percent Tuesday on better-than-expected US industry data and Washington's export curbs targeting China having a limited impact on the market. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index added 45.62 points, or 1.86 percent, to close at 2,500.1. Trade volume was moderate at 314.4 million shares worth 8.87 trillion won ($6.32 billion), with winners outpacing losers 733 to 163. Foreigners bought a net 538.8 b

Seoul shares opened higher Tuesday, tracking gains in US tech stocks after Washington announced a new semiconductor export control package targeting China. The benchmark Korea Composite Stock Price Index shot up 29.74 points, or 1.21 percent, to 2,484.22 in the first 15 minutes of trading. Overnight, the tech-heavy Nasdaq Composite jumped 0.97 percent, and the S&P increased 0.24 percent. The Dow Jones Industrial Average edged down 0.29 percent. Seoul shares gained ground as the latest US exp

Seoul shares ended lower Monday, bucking gains on Wall Street on extended tech losses. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (Kospi) fell 1.43 points, or 0.06 percent, to close at 2,454.48. The main index ended in the negative territory after opening sharply higher, jumping 23.63 points, or nearly 1 percent, in the first 15 minutes of trading on U.S. gains. On Friday, the Dow Jones Industrial Average rose 0.42 percent to 44,910.65 points, an

Seoul shares opened higher Monday, tracking gains on Wall Street, with the local stock market also getting a boost from advances in auto and energy shares. The benchmark Korea Composite Stock Price Index (Kospi) rose 23.63 points, or 0.96 percent, to 2,479.54 in the first 15 minutes of trading. On Friday, the Dow Jones Industrial Average rose 0.42 percent to 44,910.65 points and the tech-heavy Nasdaq Composite climbed 0.83 percent to 19,218.17. In Seoul, top carmaker Hyundai Motor rose 0.23 perc

South Korean stocks opened lower Friday, led by declines in big-cap tech shares amid concerns about an economic slowdown. The benchmark Korea Composite Stock Price Index (Kospi) shed 32.29 points, or 1.29 percent, to 2,472.38 in the first 15 minutes of trading. The country's industrial output, retail sales and facility investment all fell on-month in October, deepening concerns about a lack of growth momentum, government data showed. Presenting a bleak growth outlook for 2025, the Bank of K

South Korean stocks ended slightly higher Thursday, despite big-cap tech losses, as investors assessed the Bank of Korea's surprise back-to-back policy rate cut to spur growth. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) added 1.61 points, or 0.06 percent, to close at 2,504.67, ending a two-day losing streak. Trade volume was a bit slim at 333.44 million shares worth 7.37 trillion won (US$5.28 billion), with winners outnumbering los

South Korean stocks opened a tad lower Thursday, tracking overnight losses on Wall Street led by declines in big-cap tech shares. The benchmark Korea Composite Stock Price Index (Kospi) shed 3.05 points, or 0.12 percent, to 2,500.01 in the first 15 minutes of trading. Foreigners were on a selling mode, which offset buying by institutions and retail investors. Overnight, the Dow Jones Industrial Average fell 0.31 percent and the tech-heavy Nasdaq composite slid 0.6 percent as major tech shares lo

South Korean stocks closed lower Wednesday as investors offloaded semiconductor shares amid concerns that the incoming US administration may scrap subsidies for chipmakers. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 17.3 points, or 0.69 percent, to close at 2,503.06. Trade volume was moderate at 406.3 million shares worth 8.4 trillion won (US$6 billion), with losers outnumbering winners 516 to 372. Major tech shares lost ground after a sen

South Korean stocks opened lower Wednesday, led by chipmakers, amid uncertainties surrounding the US semiconductor policy under the new Donald Trump administration. The benchmark Kospi fell 6.59 points, or 0.26 percent, to 2,513.77 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average rose 0.28 percent to a new record, and the tech-heavy Nasdaq composite added 0.63 percent. The S&P 500 increased 0.57 percent to a fresh high. Market players worry that the incoming Tr

South Korean stocks fell Tuesday as investors sat on the sidelines following sharp gains the previous session, with US President-elect Donald Trump vowing tariffs on imports from Canada, Mexico and China. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 13.98 points, or 0.55 percent, to close at 2,520.36, ending a two-day winning streak. Trade volume was moderate at 434.77 million shares worth 8.51 trillion won (US$6.09 billion), with winners ou