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Global Market: South Korean shares rebound as chip stocks track Wall Street gains

📱 South Korean Shares Rebound as Chip Stocks Track

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

What actually happened

South Korean shares rebounded on Thursday, with the KOSPI rising 1.38% as chipmakers tracked gains in their US peers and optimism over AI demand lifted technology stocks. Samsung Electronics and SK Hynix advanced, and POSCO Holdings also gained, although foreign investors remained net sellers.

Key points

  • South Korean shares rebounded on Thursday, with the KOSPI rising 1.
  • 38% as chipmakers tracked gains in their US peers and optimism over AI demand lifted technology stocks.
  • Samsung Electronics and SK Hynix advanced, and POSCO Holdings also gained, although foreign investors remained net sellers.

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

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  • #global
  • #market
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