South Korea Financial Markets
- Ahn Young-joon - AP
- Updated
A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. Dollar and South Korean Won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Oct. 21, 2026.
Ahn Young-joon - APAs featured on
Asian shares are mixed with Japan and South Korea tech stocks advancing following a broad rally on Wall Street. The Kospi in Seoul gained 3.3%. South Korean AI company Elice, whose 32% drop Tuesday in its first day of trading spooked markets, rebounded on Wednesday. Its shares hit the upward limit of 29.9%. Brent crude oil gained 1.5% to $110 a barrel. On Tuesday, most of the U.S. stock market rose following strong profit reports from Equifax, Hasbro and other companies. The S&P 500 added 0.3% and the Dow rose 1%. Swings for stocks in the artificial intelligence industry left the Nasdaq composite with a modest loss of less than 0.1%.
