Deputy Prime Minister and Finance Minister Gu Yoon-cheol said South Korea\'s stock market remains at a low level compared with advanced economies and has room to rise further. He said the KOSPI has topped its record 7,000 and the market capitalisation ranking has risen to seventh from 13th since the new government took office. Gu cited PBR data and pointed to the semiconductor cycle and AI demand as key variables, while taking a cautious stance on reviving the financial investment income tax.

KB Asset Management said on Wednesday that net assets of its RISE Korea Value Up ETF have exceeded 1 trillion won, the first Korea Value Up exchange-traded fund to reach that level. As of the previous day, the ETF posted returns of 39.65 percent over three months, 92.11 percent over six months and 216.67 percent over one year, according to FnGuide.