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Seoul traders celebrate KOSPI surge amid eased US tariff concerns from Trump remarks.
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Seoul stocks surge amid eased US tariff concerns

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South Korean stocks traded sharply higher late Wednesday morning, buoyed by US President Donald Trump's conciliatory remarks on a trade deal, which eased investor worries over potential tariffs. The benchmark KOSPI index rose 1.43 percent, setting the stage for a new high.

Nomura Holdings shares fell after quarterly profit dropped more than analysts expected, due to a loss in Europe and one-time costs from a major acquisition. The stock slid as much as 5.3% on Monday morning in Tokyo before paring the decline to about 3.3%. Net income for the fiscal third quarter ended December 31 fell 9.7% from a year earlier to ¥91.6 billion.

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South Korean stocks closed slightly higher on January 30, extending their winning streak to four sessions and hitting a new record high as investors bought artificial intelligence shares despite bubble concerns. The advance was capped by U.S. President Donald Trump's vow to impose higher tariffs on South Korea. The Korean won fell 13.2 won to 1,439.5 against the U.S. dollar.

Ecopetrol's stock hit the highest price of the day on Colombia's Stock Exchange (BVC), surging 5.21% to $2,020. The rise is mainly linked to a 1.68% increase in Brent crude prices and events in Venezuela. Analysts also point to regional market trends and OPEC decisions.

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Bitcoin has risen every day in the first five days of 2026, marking its longest winning streak since October and boosting related stocks in premarket trading. Investors are watching amid broader market rises tied to geopolitical tensions in Venezuela and upcoming economic data. Key players like miners and trading platforms are seeing notable gains.

PT Bank Mandiri (Persero) Tbk will distribute an interim dividend for fiscal year 2025 amounting to Rp 9.3 trillion, or Rp 100 per share. The decision was set by the Board of Directors and approved by the Board of Commissioners on December 18, 2025. The distribution was disclosed through information transparency to the Financial Services Authority and Indonesia Stock Exchange.

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South Korean stocks climbed almost 1.5 percent on Wednesday, as investors hunted bargains in semiconductors. The Korean won dropped to an eight-month low against the U.S. dollar. The KOSPI recovered to the 4,000 level after sliding to a nine-day low in the previous session.

 

 

 

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