Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Korean Stocks Are on Fire Again, With a Bit Less Excess This Time
Business & Finance

Korean Stocks Are on Fire Again, With a Bit Less Excess This Time

Bloomberg Markets Thursday 13 August 2026, 09:56 UTC By Phil Serafino 1 min read
Key Points

Korean Stocks Are on Fire Again, With a Bit Less Excess This Time Seoul has curbed the use of leveraged ETFs. This article is for subscribers only.

Korean Stocks Are on Fire Again, With a Bit Less Excess This Time Seoul has curbed the use of leveraged ETFs. This article is for subscribers only. To track the wild swings in investor attitudes towards AI stocks, there’s no better barometer than South Korea’s Kospi index. Right now it’s sending the message that the market is back in full-on greed mode. The benchmark has soared 22% in the past 10 sessions, putting it back in a bull market. The Kospi trades like a pure play on AI because two big winners from the data center boom — Samsung and SK Hynix — account for half the index. A pair of earnings reports late last month from big AI spenders Microsoft and Amazon eased concern about a bubble.
Seoul (LOCATION) AI (ORG) South Korea’s (LOCATION) Kospi (PERSON) Samsung (ORG) SK Hynix (ORG) Microsoft (ORG) Amazon (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Zero hours crackdown could cost firms up to £2.9bn a year

Labour's employment rights bill crackdown on zero hours contracts could cost businesses up to £2.9bn a year, new official analysis has found.

BBC Business 7m ago

Flying first class is getting cheaper — if you don’t mind giving up some perks

‘Basic first class’ is here as airlines move to create multiple tiers of their most premium seats.

MarketWatch 14m ago

Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills

Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills Sri Lanka is reducing dependence on foreign borrowing while raising more money domestically through longer-term bonds, as it seeks to make its debt more sustainable under an International Monetary Fund program, Deputy Finance Minister Anil Jayantha Fernando said. The government is also adopting a strategy of lowering the amount of Treasury bills it rolls over in the domestic market, Fernando said in an interview in his Colombo office.

Bloomberg Markets 15m ago

Dodgers star Freddie Freeman takes scary tumble down dugout steps trying to catch pop fly

Los Angeles Dodgers star Freddie Freeman suffered a serious scare in Wednesday night’s game against the Kansas City Royals. Freeman was gathering himself underneath a pop fly in the top of the eighth inning and appeared to lose track of where he was in foul territory. As he tried to make the catch, he found himself tumbling down the Royals’ dugout steps in a scary fall.

Fox News 15m ago