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South Korean Stocks Soar to 10-Month High Post-Election

6/11/2025

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Story summary
  • South Korean stocks surged after the election, with KOSPI climbing 1.49% to a 10-month high of 2,812.05.
  • Analysts forecast KOSPI could hit 2,900 by year-end, driven by President Lee Jae-myung's capital market reforms.
  • Proposed reforms aim to revise the Commercial Act and reduce dividend taxes, improving corporate governance.
  • Historically, KOSPI trends upward post-elections, particularly benefiting securities and renewable energy sectors.
  • Experts anticipate sustained growth, despite possible short-term profit-taking.