Sunday, January 18, 2026

'Exchange Rate Threatens 1,470 Level' KOSPI Retreats After Touching All-Time High [Financial News Afternoon Market Briefing]

Input
2026-01-12 15:11:27
Updated
2026-01-12 15:11:27
(Source: Yonhap News Agency)
[Financial News] The Korea Composite Stock Price Index (KOSPI) on the 12th broke through the 4,600 level at the opening bell for the first time ever, backed by buying from retail and institutional investors. After its relentless rise, KOSPI even climbed past the 4,640 level in the afternoon, but then gave up its gains and briefly slipped back below 4,600.
As of 3:02 p.m. that day, KOSPI was trading at 4,606.84, up 20.52 points (0.45%) from the previous session.
KOSPI opened at 4,639.89, up 53.57 points (1.17%) from the previous day, setting a new all-time high at the start of trading. It then went on to touch another record high of 4,652.54 at around 9:03 a.m.
Afterward, it surrendered nearly all of its gains and continued to fluctuate around the 4,600 level. In the KOSPI Market, while retail investors and institutions bought approximately 118.0 billion won and 254.0 billion won worth of shares, respectively, foreign investors were net sellers of about 617.1 billion won.
Among the top 14 stocks by market capitalization, Hanwha Ocean Co., Ltd. (7.37%), Doosan Enerbility (4.04%), and LG Energy Solution (3.72%) posted the largest gains.
Samsung Electronics Co., Ltd., the largest stock by market capitalization, was trading at 138,300 won, down 0.50% from the previous session. Kia Corporation (-3.30%), SK Square Co., Ltd. (-1.51%), and HD Hyundai Heavy Industries (-1.48%) were among the biggest decliners.
The KOSDAQ Index was trading at 948.98, down 0.94 points (0.10%) from the previous session. The index opened the day at 948.48, up 0.56 points (0.06%).
In the Seoul Foreign Exchange Market, the exchange rate of the South Korean won against the United States dollar (USD) opened at 1,461.3 won, up 3.7 won from the previous session. As of 3:01 p.m. that day, the US Dollar–South Korean Won exchange rate was trading at 1,469.9 won, threatening to break above the 1,470 level.
khj91@fnnews.com Kim Hyun-jung Reporter