The South Korea stock market on Monday ended the two-day slide in which it had plummeted more than 280 points or 5.6 percent. The KOSPI now sits just beneath the 5,300-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets is cautiously optimistic amidst an extended rebound among technology companies and ahead of key U.S. data later this week. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
The KOSPI finished sharply higher on Monday with gains across the board, especially among the financials, technology stocks, chemicals ad industrials. For the day, the index soared 208.90 points or 4.10 percent to finish at 5,298.04. Volume was 612.4 million shares worth 26.2 trillion won. There were 714 gainers and 173 decliners. Among the actives, Shinhan Financial fell 0.21 percent, while KB Financial collected 1.41 percent, Hana Financial accelerated 3.66 percent, Samsung Electronics spiked 4.92 percent, Samsung SDI jumped 2.70 percent, LG Electronics strengthened 3.43 percent, SK Hynix vaulted 5.72 percent, Naver rose 0.40 percent, LG Chem advanced 2.14 percent, Lotte Chemical improved 2.74 percent, SK Innovation expanded 3.30 percent, POSCO Holdings added 1.11 percent, SK Telecom surged 6.07 percent, KEPCO soared 3.13 percent, Hyundai Mobis increased 2.11 percent, Hyundai Motor gained 2.25 percent and Kia Motors was up 1.25 percent.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.