KOSPI Archives | Be Korea-savvy
Brokerages to Set Up Emergency Response System to Market Volatility

Brokerages to Set Up Emergency Response System to Market Volatility

SEOUL, Oct. 29 (Korea Bizwire) — Major South Korean financial firms vowed Monday to establish an emergency monitoring system to better respond to market instability, their association said. The pledge came after chiefs of 12 local securities firms and nine asset management companies held an emergency meeting earlier in the day to assess the current [...]

KRX to Tighten Rules on Maximum Per-Case Stock Trading

KRX to Tighten Rules on Maximum Per-Case Stock Trading

SEOUL, Sept. 12 (Korea Bizwire) — The maximum possible number of shares investors can purchase in a single order will be reduced starting next week to prevent fat-finger errors, the local bourse operator said Wednesday. Investors will be allowed to buy a maximum of 1 percent of a firm’s total shares per order starting Monday, [...]

S. Korean Shares Inch Down Despite Outside Buying Spree

S. Korean Shares Inch Down Despite Outside Buying Spree

SEOUL, Nov. 17 (Korea Bizwire) — South Korean stocks closed slightly lower Friday as institutions and retail investors dumped local stocks offsetting a buying spree by foreign traders. The South Korean won extended its rally against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) slipped 0.8 point, or 0.03 percent, to close [...]