Is POSCO Just a Steel Stock? Its 2026 Rally Said No.
Is POSCO (PKX) just a steel stock? Press reports tie its 2026 rally to battery materials, not steel: up 54% in five weeks, then all of it given back.
KOSPI
Korea’s KOSPI Fell Harder Each Day of a Three-Day Week
Korea traded only three sessions this week. KOSPI fell 0.89%, 1.98%, then 2.62%, 5.39% in all, while KOSDAQ ended down 0.11%. What it means for EWY holders.
Korea’s Leveraged Chip ETFs: Its Regulator Said Sorry
Korea’s financial regulator chief apologized for losses on leveraged Samsung and SK Hynix products. What was said, what is disputed, and what it means for EWY.
How Hyundai, Kia and Mobis Each Own the Next One
Hyundai owns 35.17% of Kia, Kia owns 18.10% of Mobis, and Mobis owns 22.36% of Hyundai. What that loop means if you hold EWY.
Samsung’s $80 Billion Quarter Arrived as Just Two Numbers
Samsung reported Q3 operating profit of ₩107.4 trillion (about $80 billion) in a filing with just two numbers. The business breakdown comes Oct. 29.
Korea’s Brokers Will Cap Margin Loans per Stock — Oct. 19
From Oct. 19, Korean brokers will add limits on new margin loans in any stock above 15% of their margin book. Samsung and SK hynix sit just under that line.
Korea Opened Higher. Its Two Chip Giants Fell.
Seoul reopened higher after a three-day break, then Samsung and SK hynix fell. KOSPI lost 0.89%; KOSDAQ rose 2.98%, its first close above 900 since July.
Korea’s Foreigners Sold All Five Days, but Less Each Day
Korea’s first week after Chuseok: foreigners net sold all five sessions, but daily selling fell from ₩3.2T to ₩0.14T. KOSPI ended −1.09%, KOSDAQ +5.78%.
Korea Got a Chip Tax Windfall. It Sold Fewer Bonds.
Korea now expects ₩63.2 trillion more tax than planned, led by chip-era corporate tax, and cut October bond sales by ₩5 trillion. Too early to judge.
Korea: Foreigners Sold ₩2.9T, and KOSPI Fell Just 0.27%
Foreigners net sold ₩2.9 trillion of Korean stocks on Sept 29, yet KOSPI fell just 0.27%. 74% of that selling hit two stocks: SK Hynix and Samsung.