Seoul shares hit fresh intraday high on Thursday

South Korean stocks hit a new intraday record high on Thursday morning, fueled by gains in the auto and shipbuilding sectors. The KOSPI index reached 4,757.35 points before easing slightly. The market showed resilience despite a weak opening.

On January 15, 2026, South Korean stocks reached another intraday record high late Thursday morning, propelled by advances in auto and shipbuilding shares. The benchmark Korea Composite Stock Price Index (KOSPI) rose 23.83 points, or 0.5 percent, to 4,746.93 as of 11:20 a.m.

After a weak opening, the index touched an all-time intraday peak of 4,757.35 points at 10:11 a.m. Leading automaker Hyundai Motor climbed 1.82 percent, while its affiliate Kia surged 3.64 percent. In shipbuilding, HD Hyundai Heavy Industries gained 1.95 percent, and Hanwha Ocean advanced 4.23 percent.

Pharmaceutical powerhouse Samsung Biologics rose 2.75 percent, and K-pop giant Hybe increased 2.27 percent. Chipmakers showed mixed results, with Samsung Electronics, the world's largest memory chip maker, edging up 0.14 percent, but SK hynix falling 0.54 percent.

The local currency traded at 1,469.6 won against the U.S. dollar at 11:20 a.m., strengthening 7.9 won from the previous session. This performance underscores ongoing market strength amid South Korea's economic fundamentals.

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South Korean stocks opened at a fresh record high on Thursday, moving closer to the historic 8,000 milestone on the benchmark KOSPI index amid strength in large-cap tech shares.

Seoul shares crossed the 6,000-point mark for the first time late Wednesday morning, driven by a rally in technology and automobile stocks. The benchmark Kospi index rose 1.94 percent to 6,085.30 as of 11:20 a.m.

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Seoul stocks opened Thursday at a fresh high above 6,700, driven by solid chip demand expectations following strong first-quarter earnings from Samsung Electronics and U.S. big tech firms. The benchmark KOSPI rose as high as 6,739.39 at the opening bell before adding 19.51 points, or 0.29%, to 6,710.41 as of 9:15 a.m. The index had closed at a new peak of 6,690.90 the previous day, marking three straight days of gains.

Seoul shares closed lower on Friday, ending a six-session winning streak as investors locked in profits from technology and other large-cap stocks. The Korean won sharply depreciated against the U.S. dollar.

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South Korean stocks closed higher for the second straight session as investors hunted bargains amid volatility from the U.S.-Iran war. The Korea Composite Stock Price Index (KOSPI) rose 77.36 points, or 1.4 percent, to 5,609.95. The Korean won strengthened 2.7 won against the U.S. dollar to 1,466.5.

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