Skip to content
Subscriber Only

South Korea to Extend Stock-Market Trading Hours From August

  • Currency, derivatives and gold trading will also be extended
  • Move comes before MSCI reviews market classification in June
Updated on

South Korea will extend trading hours for stock and foreign-exchange markets by 30 minutes as it seeks to increase liquidity and bolster its case for inclusion in MSCI Inc.’s developed-market equity indexes.

The share, currency, derivatives and gold markets will close at 3:30 p.m. local time from Aug. 1 and the longer trading hours should boost equity-trading volumes by about 8 percent, Korea Exchange said in a statement. Liquidity has been “stagnant” over the past decade with daily trading value of around 4 to 5 trillion won ($3.4 billion to $4.2 billion), the bourse said in the statement.