KOSDAQ index rose 0.7% to 1063.75 driven by retail investors. Pharmaceutical biotech stocks like Alteogen and Samchundang Pharm surged, while optical communication and telecom equipment stocks rallied significantly amid positive market sentiment.
KOSDAQ index plummeted 5.36% to 1056.34 as foreign and institutional investors sold heavily following Trump's Iran speech warning of strikes within 2-3 weeks, triggering market panic.
Korean stock market disclosures include SGC Energy establishing AI data center subsidiaries for 350 billion won, Samsung Heavy Industries securing 342 billion won shipbuilding contract, and multiple companies announcing corporate value enhancement plans.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.