KOSPI Hits 6-Day High Again, NASDAQ and S&P 500 Trend Upward — Latest US Market & Economy Insights

KOSPI Reaches New Highs for Six Consecutive Trading Days

On the 12th, the Korea Composite Stock Price Index (KOSPI) jumped by 1.12% in early trading, breaking through the 4,637 mark. This marks the sixth straight day of record highs, showing sustained upward momentum. The KOSDAQ also gained 0.89%, crossing the 950 level.

Major Stock Movers

Hyundai Motor rose over 7% last week thanks to strong AI-driven growth and added another 0.68% today. Samsung Biologics remained flat, while Samsung Electronics preferred shares climbed 1.36%. Meanwhile, the USD/KRW exchange rate weakened slightly, trading around 1,458.80 won.

Key Economic Indicators & Market Highlights

According to Daishin Securities, EcoProBM turned profitable but remains cautious, maintaining a 'Hold' rating. The government is reviewing a 19-year-old wage payment system after issues with corporate payroll delays surfaced. Authorities have ordered a comprehensive review of public agencies.

• Defense Stocks Surge: Following comments about increased defense spending, K-defense stocks saw a sharp rise, with some stocks hitting new highs in just one day.
• Coupang Coupon Controversy: Recent exclusive reports highlight consumer concerns over coupon policies and refunds.
• Overtime Pay Issues: Investigations are underway to clarify unpaid overtime claims.

Market Outlook & Economic Trends

As of 9:41 AM, the KOSPI was nearly 1% higher, surpassing 4,631 points. Investors are watching key US indicators like tariffs, CPI data, and corporate earnings reports. The Korea Herald also covered trends in nuclear energy and semiconductors, signaling ongoing sector shifts.

Real Estate Market Highlights

A prime building near Gasan Station in Seoul is listed for just under 29 billion won, below appraisal value. Luxury villas in Gangnam’s Daechi-dong are listed around 8 billion won, while a small building near Jung-gu Office is priced at approximately 2.6 billion won.

• Commercial and residential properties in Cheonan, South Korea, are listed around 1.65 billion won.
• Franchise cafes in Yongin, Gyeonggi Province, are on the market for about 590 million won.

These listings reflect recent trends in Korea’s real estate market. Overall, the economy is showing resilience with stock gains, currency fluctuations, and ongoing corporate developments shaping the landscape.