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Finance
Korean stocks outlook: ceasefire hopes and uncertainty collide; focus on dollar-weakness beneficiaries
A temporary ceasefire agreement in the Middle East is creating a mix of expectations for an end to fighting and uncertainty in South Korean stocks, analysts said. They recommended focusing this week on beneficiaries of a weaker dollar and sectors expected to see earnings improvement. The KOSPI rose 1.40 percent on April 10 to 5,858.87, but volatility may persist amid uncertainty over supply chain normalisation in the Strait of Hormuz and negotiation-related swings.
Finance
SpaceX IPO push, Artemis 2 launch draw attention to space-related stocks and ETFs
Space-related stocks and exchange-traded funds in South Korea are rising as SpaceX\'s initial public offering push coincides with the successful launch of NASA\'s crewed lunar mission Artemis 2. Space-focused ETFs posted sharp daily gains, and shares tied to SpaceX holdings also advanced. Companies across the domestic space value chain showed strength. Attention is also on new space-themed ETF listings, while one asset manager withdrew a swap plan after a regulator\'s criticism.
Finance
KOSPI races to new records as K-defence stocks and ETFs sweep returns
South Korea\'s KOSPI is repeatedly setting record highs, closing at 4,840.74 on Jan. 16 after first breaking 4,800. Defence stocks have emerged as market leaders, with leveraged defence ETFs rising about 68 percent and regular defence ETFs gaining more than 30 percent. Shipbuilding ETFs also rose on expectations of benefits from U.S. policy. Gains are linked to Donald Trump\'s push for a larger U.S. defence budget and broader security tensions.