South Korean Shares Hit All-Time High on AI-Led Chipmaker Rally
Samsung Electronics and SK Hynix led gains as retail investors bought 1.2 trillion won and the KOSPI briefly triggered a trading curb.
5 Articles
5 Articles
South Korean shares hit all-time high on AI-led chipmaker rally
SEOUL: South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by a rally in US peers and upbeat data.The benchmark Kospi rose as much as 5.05 per cent in early trade to an all-time high of 7,876.60 in morning trade. During th
KOSPI opens at fresh high on chip rally amid woes over breakdown of peace deal
Korean stocks opened at a fresh record high Monday, easily breaching the 7,700-point mark, boosted by an extended rally of blue chip semiconductor shares, despite woes over the U.S.-Iran peace deal at the risk of rupture. The benchmark Korea Composite Stock Price Index (KOSPI) opened at a fresh high of 7,775.31, up 277.31 points, or 3.7 percent. The index nearly breached the 7,500-point threshold Friday, closing at a fresh peak of 7,498 points a…
Breaking News: KOSPI Surpasses 7,800 Immediately After Opening, Sets New Record High
[Digital Daily Reporter Kang Ki-hoon] The KOSPI index broke through the 7,800 mark for the first time in history on the 11th. As of 9:08 AM on this day, the KOSPI is setting a new record high, recording 7,804.14, up 306.14 points (4.08%) from the previous close. Samsung Electronics and SK Hynix are leading the surge in the index. At the same time, Samsung Electronics is trading at 286,000 won, up 17,500 won (6.52%) from the previous close. SK …
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