The South Korea stock market has moved higher in seven straight sessions, accelerating more than 400 points or 9.1 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 4,620-point plateau and it's tipped to at least open to the upside. The global forecast for the Asian markets is upbeat, with oil prices being the main catalyst to the upside. The European and U.S. markets were slightly higher and the Asian bourses are expected to open in similar fashion. The KOSPI finished modestly higher on Monday following gains from the plastics companies and mixed performances from the financial, technology and automobile sectors. For the day, the index added 38.47 points or 0.84 percent to finish at 4,624.79 after trading between 4,567.55 and 4,652.54. Volume was 382.4 million shares worth 22.8 trillion won. There were 530 gainers and 348 decliners. Among the actives, Shinhan Financial collected 0.51 percent, while KB Financial sank 0.87 percent, Hana Financial climbed 1.18 percent, Samsung Electronics eased 0.14 percent, Samsung SDI soared 3.93 percent, LG Electronics slumped 1.23 percent, SK Hynix added 0.67 percent, Naver gained 0.59 percent, LG Chem surged 4.94 percent, Lotte Chemical rallied 2.84 percent, SK Innovation accelerated 2.81 percent, POSCO Holdings jumped 1.81 percent, KEPCO vaulted 3.24 percent, Hyundai Mobis tumbled 1.38 percent, Hyundai Motor added 0.27 percent, Kia Motors tanked 2.93 percent and SK Telecom was unchanged.
The lead from Wall Street suggests mild upside as the major averages opened lower on Monday but managed to break into the green shortly thereafter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.