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KRX:005380 News 22 January 2026

KOSPI Breaks 5,000 as Samsung, SK Hynix Jump and Trump’s Greenland Retreat Eases Jitters

KOSPI Breaks 5,000 as Samsung, SK Hynix Jump and Trump’s Greenland Retreat Eases Jitters

SEOUL, Jan 22, 2026, 16:02 (KST) South Korea’s benchmark KOSPI topped 5,000 points for the first time on Thursday, rising as much as 2.2% to 5,019.54. Samsung Electronics and SK Hynix led the move, while Hyundai Motor traded at a record. “The bullish market trend this time is a fundamentals-driven one based on earnings growth,” said Kim Jae-seung, an analyst…
22 January 2026
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Stock Market Today

  • Ubisoft Shares Plunge After Loss Warning and Game Cancellations
    January 22, 2026, 5:28 AM EST. French video game giant Ubisoft saw its shares plunge by over 34% following a warning of a €1 billion operating loss in 2024. The firm cancelled development on six games, including a highly anticipated remake of 'Prince of Persia: The Sands of Time.' Ubisoft also plans organisational restructuring and cost cuts of €200 million amid continued financial difficulties. Trading was briefly halted Thursday after shares hit a record low of 4.46 euros. The drop marks the steepest loss since 2013, highlighting severe challenges in the broader gaming industry and Ubisoft's ongoing struggles to stabilize its business.
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