3 November 2025, 06:17  South Korea: KOSPI Climbs on Defense and Shipbuilding Gains.

The benchmark KOSPI climbed 1.97% to around 4,188 on Monday, extending gains for the fourth consecutive session and hitting fresh record highs, driven largely by strength in defense and shipbuilding shares. Hanwha Aerospace advanced 3.68% after reporting the third-quarter net income of KRW 712.2 billion, up 123.8% from a year earlier. Revenue surged 146.5% to KRW 6.48 trillion, exceeding market expectations. Samsung Heavy Industries also rose 0.68% following the announcement of its Q3 operating profit of KRW 238.1 billion, up 99% year-on-year. Investor attention remained centered on the upcoming earnings reports of key defense and shipbuilding companies including Hyundai Rotem (+1.52%), HD Hyundai Heavy Industries (+5.33%), and HD Korea Shipbuilding (+3.27%).

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