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Global Market: KOSPI gains as AI-driven chip demand lifts South Korean export

📱 KOSPI Gains as AI-driven Chip Demand Lifts South

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

What actually happened

South Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linked to the AI boom supported technology stocks. Samsung Electronics, SK Hynix and LG Energy Solution led gains, while the Korean won weakened and government bond yields rose.

Key points

  • South Korean shares gained on Tuesday, with the KOSPI rising 0.
  • 33%, as stronger-than-expected exports and robust semiconductor demand linked to the AI boom supported technology stocks.
  • Samsung Electronics, SK Hynix and LG Energy Solution led gains, while the Korean won weakened and government bond yields rose.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

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