🇰🇷 South Korea

As of 2026-11-12

What changed since yesterday

Finance
KOSPI rises 2.60% to 5,375.36; KOSDAQ back above 700
Foreign buying and chip strength lifted the KOSPI for a second day, while a 5.62% KOSDAQ surge triggered a buy-side sidecar. The won firmed to 1,333.6 per dollar.

DMZ mine blast dispute: Kim Yo Jong attacks UN chief over call for inter-Korean dialogue
A Sept. 21 mine blast in the DMZ wounded three South Korean soldiers, two seriously, and a joint investigation by Seoul's military and the UN Command concluded North Korea deliberately planted antipersonnel mines south of the Military Demarcation Line. After UN Secretary-General Antonio Guterres urged both sides to restore communication channels including military contacts, Kim Yo Jong said in a KCNA statement on Nov. 10 that his stance was 'prejudiced and irresponsible' and defended the North's border fortifications as self-defence. Pyongyang has not responded to Seoul's offer of military talks.
Sources: koreatimes.co.kr upi.com

KOSPI climbs 2.60% to 5,375.36; KOSDAQ surges 5.62% back above 700
[Wed 11/11 regular-session close] Despite a weak open on the U.S. CPI shock, the KOSPI rose for a second day on foreign buying (about 670-776 billion won, tallies vary) and chip strength. SK hynix rose 5.36% and Samsung Electronics 3.57%. The KOSDAQ hit 705.10, triggering a buy-side sidecar. The won strengthened 3.9 won to 1,333.6 per dollar at the 3:30 p.m. close, its strongest since Oct. 27.
Sources: kado.net fnnews.com

Samsung up 3.57%, SK Hynix up 5.36% as KOSPI closes 2.60% higher at 5,375.36
[Regular-session close, Wed. Nov. 11] Samsung Electronics rose 7,100 won, or 3.57%, to 206,000 won and SK Hynix gained 5.36% to 1,277,000 won after dipping as low as 1,193,000 won intraday. The KOSPI closed up 136.23 points, or 2.60%, at 5,375.36, and the KOSDAQ jumped 5.62% to 705.10. Despite a hotter U.S. October CPI and talk of a half-point Fed hike, results from U.S. AI cloud firm CoreWeave and anticipation of Anthropic's IPO lifted chip stocks. Foreign investors bought a net 537.5 billion won of Samsung and 130.6 billion won of SK Hynix (totals for the whole main board vary by outlet).
Sources: kado.net polinews.co.kr
Nvidia probe fuels push for China chip curbs, clouding HBM demand; Morgan Stanley cuts targets
Digitimes reported that Samsung Electronics and SK hynix face uncertainty over demand for high-bandwidth memory (HBM) as U.S. lawmakers press for tighter AI chip export controls on China following the allegations involving Nvidia's CEO. Morgan Stanley cut its price targets for Samsung by 19% and SK hynix by 38%, warning of a memory profit cliff around 2028 (single-source report). Both stocks nonetheless rallied sharply on Nov. 10.
Sources: digitimes.com en.sedaily.com