Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Markets

South Korean Shares Hit Record High on Trade Deal, Sector Gains

The benchmark KOSPI rose 1.1% to around 4,125 on Thursday, breaking through record highs, supported by optimism over the newly agreed Korea-US trade and investment pact and solid corporate earnings. Seoul and Washington reached terms on a USD 350 billion investment package during the APEC summit, including a USD 200 billion in cash-based funding and USD 150 billion for shipbuilding projects. Tariffs on Korean autos were also reduced to 15% from 25%, easing potential losses for Hyundai and Kia. Adding to the upbeat tone, Samsung Electronics reported Q3 operating profit of KRW 12.2 trillion, citing strong memory and foundry demand amid AI expansion. Tech, auto, and shipbuilding stocks led the rally, with notable gains from Samsung Electronics (3.3%), SK Hynix (0.3%), Hyundai Motor (5.0%), Kia Corporation (3.1%), Hanwha Ocean (9.6%), and HD Hyundai Heavy Industries (1.2%).

Today Markets

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button