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South Korea remains in MSCI Emerging Markets, continues Developed Markets status push
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South Korea will continue its efforts to reach MSCI Developed Market status after the index provider kept the country in the Emerging Market category, the finance ministry said Wednesday.
Large companies recorded stronger net profit growth for the March 2026 quarter, supported by one-off gains. Mid and small-cap firms showed more resilient revenue expansion despite slower overall trends.
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South Korean stocks opened higher Wednesday despite massive sell-offs in US semiconductor shares.
South Korea's bourse operator activated a buy-side sidecar for the KOSPI on Monday after the index spiked on news of a U.S.-Iran peace deal.
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South Korea's stock market is approaching a key milestone. Investors are monitoring a potential upgrade to developed-market status by MSCI.
South Korean stocks started sharply lower Wednesday on news of new US strikes on Iran and overnight tech losses on Wall Street.
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The DAX ended Tuesday's trading session 0.7 percent lower at 24,433 points. The index opened at 24,608 and slipped in the afternoon.
Seoul shares open lower on US tech losses
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