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Top News In Kospi Today - Breaking & Trending Today

Kospi: South Korean shares end at one-month low as battery makers slump, ET Auto

Kospi: The market was broadly in a cautious mood as investors awaited Federal Reserve Chair Jerome Powell s remarks after strong economic data in the United States provided support for more rate hikes. ....

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Retail investors bet on wrong horse, despite KOSPI rally

Retail investors have failed to enjoy the boon of recent stock market rallies, as they turned out to have purchased trending stocks related to post-pandemic reopening and secondary batteries at their peak prices. According to bourse operator Korea Exchange (KRX) on Monday, the monthly average rate of return for the 10 most-purchased stocks by retail investors stood at minus 2.46 percent in May. ....

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Seoul shares at 1-year high on hopes Fed pauses rate hikes

South Korean stocks closed at a one-year high Friday, led by large-cap tech gains, on hopes the Federal Reserve will pause its aggressive monetary tightening and the United States debt ceiling deal will pass. The local currency rose against the U.S. dollar. ....

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