South Korea’s main stock exchange is considering extending its trading hours amid a surge in the benchmark index. The move comes as the Kospi index approaches the 5,000-point target set by President Lee Jae Myung’s election campaign, reflecting increased investor optimism and market activity.
The proposed extension aims to accommodate growing trading volumes and enhance market liquidity, according to officials familiar with the plan. Details about the specific timing and duration of the longer trading hours have not yet been finalized, but discussions are ongoing within the Financial Services Commission and relevant market authorities.
Market analysts note that the rally in the Kospi has been driven by a combination of domestic economic policies, global economic trends, and investor sentiment ahead of the upcoming elections. The index’s upward momentum has prompted calls from some sector stakeholders for measures to support continuous market stability.
If implemented, the extended trading hours could mark a significant shift in South Korea’s stock market operations, aligning it more closely with international markets that often feature longer trading sessions. The changes are expected to be announced soon, pending regulatory review and consultation with market participants.