South Korea Financial Markets
Dealers talk each others near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Thursday, Nov. 5, 2026.
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Asian shares are mostly higher after U.S. stocks rallied following the midterm election, with the Dow Jones Industrial Average jumping more than 3%. But South Korea's Kospi briefly sank more than 4% on heavy selling of computer chipmakers. Shares also fell in Tokyo and Taiwan. U.S. stocks usually gain following midterms, regardless of who wins, and the S&P 500 jumped 1.6% on Wednesday. The Dow surged more than 1,500 points, and the Nasdaq composite rose 1.4%. The price for a barrel of Brent crude oil also tumbled below $95 and touched its lowest level in two months.
