Archive · 7 Jan 2026

Seoul shares hit record high

Seoul shares hit record high

The stock market in Seoul, South Korea, reached a new record high on Wednesday.

This happened because of big gains in technology and car company stocks.

The main stock index, called KOSPI, went up to 4,551.06 points, even though it briefly touched 4,611.72 points during the day.

Foreign investors bought a lot of stocks, while the Korean won fell slightly against the US dollar.

Some stocks, like Samsung Electronics and Hyundai Motor, went up a lot, but others, like Korean Air and SK Innovation, went down.

The local currency was at 1,445.80 won against the US dollar at the end of the day.

Sources