SEOUL, April 6 (Korea Bizwire) — Lee Jae-yong, the chief of Samsung Group, South Korea’s top conglomerate, remained the country’s richest stockholder in the first quarter of the year despite a fall in the value of his shareholdings, a corporate tracker said Wednesday. Stock holdings of Lee, vice chairman of global tech titan Samsung Electronics [...]
SEOUL, March 19 (Korea Bizwire) — South Korean stock markets are expected to gain ground next week, as investors are likely to snap up oversold stocks amid eased uncertainty about the U.S. monetary policy and optimism for the Russia-Ukraine peace talks, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,707.02 [...]
SEOUL, March 17 (Korea Bizwire) — The number of stock investors in South Korea spiked more than 50 percent on-year in 2021 to breach the 10 million mark amid a retail investment boom, industry data showed Thursday. A total of 13.84 million investors held shares in 2,426 companies listed on the country’s main and secondary [...]
SEOUL, March 14 (Korea Bizwire) — Foreign investors remained net sellers of South Korean stocks in February amid growing jitters over Russia’s invasion of Ukraine, data showed Monday. Foreigners offloaded a net 2.58 trillion won (US$2.09 billion) worth of local stocks last month, marking the second straight month of net selling, according to the data [...]
SEOUL, March 12 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, primarily due to persistent uncertainties in Ukraine and the upcoming monetary policy meeting by the U.S. Federal Reserve, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,661.28 points Friday, down [...]
SEOUL, March. 11 (Korea Bizwire) — Shares in South Korean tech giants Kakao Corp. and Naver Corp. jumped on Thursday amid expectations that the new government would ease platform regulations. The stock price of Naver rose by 8.54 percent from the previous trading day to 330,500 won, while that of Kakao jumped by 8.58 percent [...]
SEOUL, March 5 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, largely on persistent uncertainties in Ukraine and the U.S. Federal Reserve’s stance on its monetary policy, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,744.52 points Friday, up 0.14 percent [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korean stocks are expected to face highly volatile sessions next week as investors will pay keen attention to situations in Ukraine and the U.S. Federal Reserve’s updated stance on its monetary policy, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,676.76 on Friday, [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean stock markets are expected to continue to face volatile sessions next week, largely on persistent uncertainties about the U.S.-Russian military standoff over Ukraine, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,744.52 points Friday, little changed from 2,747.71 points a week ago. [...]
SEOUL, Feb. 12 (Korea Bizwire) — 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 (KOSPI) closed at 2,747.71 points Friday, little changed from 2,750.26 points a week ago. The key stock [...]