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Won sinks to 28-year low against dollar amid Iran war, foreign stock selling

The won weakened to its lowest level against the dollar in 28 years on a quarterly-average basis in the second quarter, pushed down by a prolonged war between the United States and Iran and a relentless exodus of foreign investors from Korean stocks.

2026.6.7

Korean retail investors sell over 1 trillion won in overseas stocks in 1st week of June

Korean retail investors sold over 1 trillion won ($641 billion) worth of overseas stocks in the first week of June, data showed Sunday, suggesting their possible return to the local stock market amid record-breaking gains led by semiconductor shares.

2026.6.7

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More stocks fall despite Kospi rally amid chip-sector concentration

More stocks listed on the benchmark Korea Composite Stock Price Index (Kospi) have declined than advanced in recent weeks despite the market rally.

2026.6.7

Kospi sinks over 5% on tech losses due to U.S.-Iran peace deal uncertainty

Stocks dipped by more than 5 percent as investors locked in profits from a recent tech-led rally while monitoring uncertainty over U.S.-Iran peace negotiations. The local currency weakened sharply against the dollar.

2026.6.5

Kospi opens sharply lower on tech slump, triggers 10th sell-side sidecar this year

The Korea Exchange issued a sell-side sidecar — a temporary halt in program trading — on the bourse Kospi after stocks opened sharply lower on Friday morning and a selling spree began.

2026.6.5

A person walks in front of major banks' ATM booths in central Seoul on Feb. 22. [NEWS1]

Watchdog slashes fines on 5 banks over mis-selling of HK-tied derivatives

Five banks were slapped with some 600 billion won ($393 million) in penalties by the financial watchdog Thursday over their mis-selling of equity-linked securities products tracking Hong Kong’s Hang Seng Index.

2026.6.4

A screen in Hana Bank's trading room in central Seoul shows the Kospi and the dollar-won exchange rate on the afternoon of June 4. The Kospi closed at 8,639.41, down 162.08 points, or 1.84 percent, from the previous session, its first lower close since May 28. [YONHAP]

Won hits two-month low of 1,531 to the dollar on renewed tensions with Iran war

The won weakened sharply against the dollar on Thursday due to renewed tensions in the Middle East as the United States and Iran engaged in a fresh round of airstrikes.

2026.6.4

A screen in Hana Bank's trading room in central Seoul shows the Kospi and the dollar-won exchange rate on the afternoon of June 4. The Kospi closed at 8,639.41, down 162.08 points, or 1.84 percent, from the previous session, its first lower close since May 28. [YONHAP]

Kospi 3-day rise snapped by profit-taking, won makes sharp drop

Shares fell Thursday, snapping a three-session winning streak and retreating from record highs as investors locked in profits. The local currency fell sharply against the U.S. dollar.

2026.6.4

Workers at Hana Bank in Jung District, central Seoul, celebrate the benchmark KOSPI breaching the landmark 8,000 points on May 15. [YONHAP]

Kospi target increased to 12,000 by Goldman Sachs amid earnings boom, memory chip cycle

Goldman Sachs on Wednesday made a bullish lift to the 12-month Kospi target from 9,000 to 12,000, pointing to strong earnings growth and the prospect of a prolonged upcycle in the memory semiconductor sector.

2026.6.4

A screen in Hana Bank's trading room in central Seoul shows the Kospi opening at 8,623.82 on June 4, down 177.67 points, or 2.02 percent, from the previous session. The Kosdaq opened at 1,035.08, up 9.05 points, or 0.88 percent, and the won weakened past 1,530 to the dollar at one point during the session. [YONHAP]

Kospi opens sharply lower on Wall Street losses, renewed Iran tension

Shares opened sharply lower Thursday, tracking overnight losses on Wall Street caused by uncertainty over negotiations between the United States and Iran to end their war in the Middle East.

2026.6.4