Samsung Electronics and SK Hynix Achieve Best Returns of the Year
On the last trading day of the year, December 30th, Samsung Electronics and SK Hynix both hit new all-time highs. Samsung closed at 119,900 won, up 0.33%, marking a 124.5% gain since the start of the year. [1][3]
SK Hynix finished at 651,000 won, up 1.72%, with an incredible 279% return for the year. Both companies led the memory chip sectorβs recovery, fueling a rally in the second half of the year. [1][3]
KOSPI Slightly Down for the Year, Still Up 75%
The Korea Composite Stock Price Index (KOSPI) ended the year down 0.15% at 4,214.17. Earlier in the day, it briefly reached 4,226.36, aiming for a new record high, but profit-taking pulled it back. [3][5]
Foreign investors and institutions sold a combined 4.87 trillion won, while individual investors bought 8.21 trillion won, helping offset the declines. The KOSDAQ index rose 0.76% to close at 925.47. [3]
- KOSPI Year-to-Date Gain: 75%
- Market Holiday: December 31st, reopening January 2nd
Job Market Shows Signs of Cooling; Hiring Expected to Drop 12% Early Next Year
According to the Ministry of Employment and Laborβs β2025 Second Half Industry-Specific Business and Workforce Survey,β companies plan to cut hiring by 12% in the first quarter of 2026 compared to this year. Overall job openings are decreasing compared to last year. [6]
Small and medium-sized businesses with fewer than 300 employees saw even sharper declines, with job openings dropping 8.4% to 1.032 million and new hires down 7.3% to 945,000. The unmet vacancy rate fell slightly to 8.4%. [6]
ETFs Reach a New Milestone of 300 Trillion Won
Data from the Korea Exchange shows that the total net assets of domestic ETFs surged to 297.2 trillion won, a significant increase from last year. The number of listed ETFs also surpassed 1,000, reflecting rapid market growth. [7]
This growth is driven by increased investor interest, with the market closing out the year on a high note.
Government Policies and Currency Trends Continue to Influence Markets
Reforms in corporate governance and amendments to the Commercial Act helped boost stock valuations. The won-dollar exchange rate closed around 1,430 won, with a high exchange rate environment benefiting export-focused companies. [2][4]
Looking ahead, the stock market is optimistic about the semiconductor sector, with some analysts suggesting the KOSPI could break through 5,000 points next year. [2]
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