The South Korea stock market rebounded on Monday, one session after ending the four-day winning streak in which it had surged almost 290 points or 4.4 percent. Now at a fresh record closing high, the KOSPI sits just above the 6,615-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is unclear amid uncertainties surrounding the conflict in the Middle East. The European markets were down and the U.S. bourses were mixed and the Asian markets figure to split the difference. The KOSPI finished sharply higher on Monday following gains from the technology stocks and automobile producers, while the financial sector came in mixed. For the day, the index rallied 139.40 points or 2.15 percent to finish at 6,615.03 after trading between 6,529.19 and 6,657.22. Volume was 835.6 million shares worth 33 trillion won. There were 495 gainers and 357 decliners. Among the actives, Shinhan Financial fell 0.30 percent, while Hana Financial collected 0.57 percent, Samsung Electronics rallied 2.28 percent, Samsung SDI dropped 0.94 percent, LG Electronics jumped 1.96 percent, SK Hynix soared 5.73 percent, Naver added 0.47 percent, LG Chem tanked 3.07 percent, Lotte Chemical plunged 4.65 percent, SK Innovation retreated 1.88 percent, POSCO Holdings gained 0.60 percent, SK Telecom tumbled 2.00 percent, KEPCO sank 0.76 percent, Hyundai Mobis spiked 2.37 percent, Hyundai Motor accelerated 2.14 percent, Kia Motors dropped 0.52 percent and KB Financial was unchanged.
The lead from Wall Street is murky as the major averages opened mixed on Monday and hugged the line throughout the session before ending on oppositive sides.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.