South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since 14 January, 2022, when it reached 2,921.92 points.
Strong gains in the technology and automotive sectors, along with continued interest from foreign investors, drove the market’s rally. A total of 383.5 million shares were traded, with a turnover of 12.3 trillion won (approximately $9 billion). Advancing stocks outnumbered decliners by a ratio of 600 to 281.
Top Gainers
In the technology sector, Samsung Electronics rose by 1.18% to 59,900 won, while chipmaker SK Hynix climbed 4.12% to 240,000 won.
Among automotive giants, Hyundai Motor gained 2.03% to 201,000 won, and Kia advanced 2.54% to 96,900 won. Auto parts manufacturer Hyundai Mobis jumped 4.91% to 288,500 won.
Doosan Enerbility, active in the nuclear energy sector, surged 6.46% to 51,100 won. Kakao, operator of South Korea’s most popular mobile messaging app, increased by 2.8% to 51,400 won.
Decliners
Profit-taking led to declines in defence and shipbuilding stocks. Hanwha Aerospace dropped 3.31% to 905,000 won, and HD Hyundai Heavy Industries fell 2.11% to 418,000 won.
The financial sector also showed weakness. KB Financial declined 3.34% to 107,200 won, while Shinhan Financial slid 1.81% to 59,800 won.
Market participants remain optimistic for upcoming sessions, focusing on continued foreign investment inflows and strong performance in the technology sector.
A Turkish Air Force C-130 military cargo plane has crashed in Georgia near the border with Azerbaijan, killing all personnel on board....
A new artificial intelligence breakthrough from China is stirring debate across the global tech community, with many calling it another “DeepSeek mo...
Anewz correspondent Nini Nikoleishvili reports from site of crashed Turkish military plane in Sighnaghi Municipality, saying that limited visibility a...
Elon Musk's dream of sending humans to Mars is becoming increasingly tangible, with SpaceX working on groundbreaking technology to make interplanetary...
Georgia’s record $6 billion Eagle Hills deal promises luxury and growth but secrecy, land use, and environmental concerns are fuelling public protes...
A Turkish Air Force C-130 military cargo plane has crashed in Georgia near the border with Azerbaijan, killing all personnel on board.
A new artificial intelligence breakthrough from China is stirring debate across the global tech community, with many calling it another “DeepSeek moment.”
UN Secretary General Antonio Guterres has condemned the terrorist attack which took place in Islamabad on Tuesday, killing at least a dozen people.
Georgian Interior Minister Geka Geladze has visited the site of the Turkish military helicopter crash in Sighnaghi Municipality, near the Georgia–Azerbaijan border.
Billionaire Jeff Bezos’s Blue Origin has launched NASA’s twin ESCAPADE satellites to Mars on Sunday, marking the second flight of its New Glenn rocket, a mission seen as a crucial test of the company’s reusability ambitions and a fresh challenge to Elon Musk’s SpaceX.
Elon Musk’s bold vision for the future of technology doesn’t stop at reshaping space exploration or electric cars. The Neuralink brain-chip technology he introduced in 2020 could mark the end of smartphones as we know them, and his recent statements amplify this futuristic idea.
Georgian Interior Minister Geka Geladze has visited the site of the Turkish military helicopter crash in Sighnaghi Municipality, near the Georgia–Azerbaijan border.
A Turkish Air Force C-130 military cargo plane has crashed in Georgia near the border with Azerbaijan, killing all personnel on board.
Turkish President Recep Tayyip Erdogan has announced a high level delegation visit to Pakistan as part of efforts to secure a lasting ceasefire between Kabul and Islamabad.
Russia’s budget deficit reached 4.2 trillion rubles (around $51.9 billion) in the first ten months of 2025, driven by rising government spending, according to data from the Finance Ministry released on Tuesday.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as artificial intelligence (AI) stocks rebound and progress in Congress raises hopes of ending the U.S. government shutdown.
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Despite promises of recovery from the new government, Germany’s economy continues to stagnate, with no signs of renewed momentum. According to the latest report from the German Chamber of Industry and Commerce (DIHK), the country still lacks the drive needed for a genuine economic rebound.
Türkiye’s benchmark BIST 100 index ended Thursday up 0.94%, closing at 11,073.27 points. Opening the day at 11,029.29, the index gained 102.9 points compared with the previous close.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment