Korea Rose 3.3% This Week. Monday Was 4.6%.
KOSPI gained 3.3% for the week ended Sept 11, but Monday alone was 4.6%. Wall Street was shut that day — and EWY finished flat. Here’s why.
TGB ADMIN
Korea Talked About Mortgages the Week Before the Fed Meets
Seoul’s policymakers spent this week on household debt, not stocks. In Korea, that is what sets the next interest rate — not the Fed. Here is why.
KOSPI Fell 1.8% Friday — Its Own Session Rose 1.6%
On Friday, September 11, the KOSPI closed down 1.76 percent but rose 1.58 percent between its own open and close. Here is why both numbers are right.
Samsung and SK Hynix Filed to Buy Stock — Not to Cancel It.
42 Korean firms filed to buy their own shares Sept 9, Samsung and SK Hynix included. But buying is not cancelling – here’s what it means for EWY.
Korea’s After-Market: Trading to 8 PM, Close Stays 3:30
From Sept 14, Korea Exchange runs a 4-8 PM after-market with live trading. But the official KRX close stays at 3:30 – here’s what that means for EWY.
What Did EWY Do While Seoul Ran? Not Much.
US markets closed for Labor Day while Seoul’s KOSPI jumped 4.6%. When New York reopened, EWY rose just 0.55%. Here’s where the gap went.
Watch KB Financial to See if Korea’s Value-Up Works
KB Financial canceled 3.8% of its shares without using the grace period Korea’s new law allows. What that says about value-up for EWY holders.
KOSPI Rose on Three Days When Every Investor Group Sold
KOSPI fell 1.5% in won but was flat in dollars. On three days every investor group sold and the index still rose. Who bought, and until when?
Korea’s Won: Seoul Says Immune, Washington Says Tariffs
Seoul’s central bank called the won immune; Washington put Samsung and SK Hynix on notice. The won ended the week stronger at 1,350.4.
Is SK Square Just Cheaper SK Hynix? Not Quite.
EWY holds SK Hynix twice — directly, and through SK Square at a 46 percent discount that an activist and buybacks are pushing to close.