| Mobile Web

New year KOSPI rally; stronger dividends, RIA and ISA tax breaks to bring forward KOSPI 5,000 era

South Korea’s stock market has extended a sharp early-year rally, with the KOSPI rising above 4,400 in two sessions. The government plans stronger tax incentives including a new individual savings account (ISA), a return-to-domestic-market account (RIA) for reinvestment from overseas stocks, and low-rate separate taxation for dividends. It also plans to raise securities transaction tax rates back to 2023 levels while advancing its value-up programme.