KOSDAQ

KOSDAQ Closes Up 0.19% at 868.41

The KOSDAQ index closed at 868.41, up 1.69 points or 0.19 percent.

Korea Exchange to Give Low-PBR Firms Chance to Explain Before Disclosure

Korea Exchange will release low-PBR selection guidelines in July, allowing KOSDAQ firms to submit improvement plans to avoid disclosure, while strengthening disclosure sanctions.

KOSDAQ Opens Up 8.46 Points at 875.18

The KOSDAQ opened up 8.46 points, or 0.98 percent, at 875.18.

Korean Stocks Shed 569 Trillion Won in a Single Day on Tech Rout

Korea's stock market lost 569 trillion won in one day as the KOSPI plunged 7.89% to 7,648.09 on Meta-driven chip demand fears, with Samsung Electronics down 9% and SK hynix down 14.6%.

KOSPI Plunges 7.89% on 'Meta Shock,' SK hynix Sinks 14%

The KOSPI plunged 7.89% to 7648.09 as Meta's cloud business entry cooled semiconductor sentiment, with SK hynix falling 14.57% and Samsung Electronics down 9.06%.

Corporate Disclosures

Corporate disclosures for July 2 include a new CEO at DY, treasury share retirements at Hanex Express and Manho Rope & Wire, and supply contracts with Samsung Electronics by JT and STI.

KOSDAQ Closes Down 62.63 Points, or 6.74%, at 866.72

The KOSDAQ index fell 62.63 points, or 6.74%, closing at 866.72.

KOSDAQ Triggers Sell Sidecar After KOSPI Amid Sharp Plunge

South Korea's KOSDAQ triggered a sell sidecar after the KOSPI amid a sharp plunge Monday, as foreign investors sold heavily on concerns over AI infrastructure investment sparked by Meta's cloud business entry.

KRX Expects Around 50 KOSDAQ Delistings on Market Cap Alone This Year

The Korea Exchange expects around 50 KOSDAQ companies could be delisted this year on market capitalization alone under strengthened rules, with first watch designations as early as August.

Breaking News: Sell Sidecar Triggered on KOSDAQ After KOSPI Amid Plunge

A sell sidecar was triggered on Korea's KOSDAQ market following the KOSPI amid a sharp market plunge.

Pan Star Chairman Kim Hyun-kyum Buys 550,000 Shares to Boost Value

Pan Star Enterprise Chairman Kim Hyun-kyum will buy 553,098 treasury shares worth about 500 million won from Aug. 3 to Sept. 1, raising his stake to 19.72 percent to boost shareholder value.

Today's Memo

Korea stock market listing updates for July 3, including additional common share listings for Air Busan and ST Pharm, corporate name changes for Aloys and Yuil Energtech, and share cancellations by Orion and others.

KOSPI Triggers Sidecar as Index Plunges Over 6%

The KOSPI triggered a sell-side sidecar Tuesday after plunging over 6% to the 7,700 level, driven by a slump in semiconductor stocks amid concerns over Meta's cloud business entry.

Don't Sell, Buy More: Analyst Says Chip Selloff Is a Buying Chance

LS Securities analyst Yeom Seung-hwan says the recent KOSPI selloff is a supply-driven correction, urging investors to buy more chip stocks and focus on fundamentals.

KOSDAQ Opens Down 24.82 Points at 904.53

The KOSDAQ opened lower at 904.53, down 24.82 points or 2.67 percent.

KOSDAQ Turns 30, Accelerates Overhaul with Delisting Rules and Tiered System

RideFlux, Hanjin Launch Korea's First Paid Autonomous Truck Freight Service

RideFlux and Hanjin Transportation launched Korea's first paid autonomous truck freight service on a 116-km route from Gunsan to Daejeon, marking RideFlux's shift toward the B2B market.

Wearables, Medical Devices Rise While Tech-Listed Firms Slump

Korean bio and healthcare firms listed over the past year saw polarized stock performance, with wearable and medical device makers rising while tech-listed clinical-stage firms fell below IPO prices.

KOSDAQ in Crisis: Structural Reform, Innovation Ecosystem Are the Answer

As KOSDAQ marks its 30th anniversary, its market share has hit a 27-year low. Experts say structural reform and an innovation ecosystem are key to recovery.

KOSDAQ, the Graveyard of Retail Investors

KOSPI nears 9,000 while KOSDAQ struggles below 900, as governance risks and short selling drive investors away. Reviving KOSDAQ is key to Korea's venture ecosystem.

Ruling Party's Ahn Calls for Bold Tax Incentives to Broaden Market Rally

Democratic Party lawmaker Ahn Do-girl warns the KOSPI's rise past 9,000 reflects large-cap dominance and calls for bold tax incentives and active funds to revive KOSDAQ.

Zombie Firms Block Healthy Companies' Funding, Indiscriminate Lifelines Untenable

Toss Insight and Bank of Korea reports show zombie firms raise healthy companies' borrowing costs and cut productivity, prompting calls for swift corporate restructuring.

Korea Picks 15 Firms to Nurture as Future AI Unicorns

Korea's MSIT selected 15 AI and digital firms, including Rebellions and Neurocle, for its Global ICT Future Unicorn Program, offering overseas expansion and funding support.

Venture Association Head Warns of Polarization in Startup Ecosystem

Korea Venture Business Association head Song Byung-jun warns of polarization as AI and deep tech draw funding, and raises concerns over KOSDAQ promotion-relegation system.