Seoul stocks paused Friday after a six-day surge, with the KOSPI index falling 0.13% to 9,052.42. Investors cashed out gains from an AI boom due to postponed U.S.-Iran talks, impacting chip and defense stocks.
Seoul stocks dipped Friday after a six-day surge, as investors cashed out gains from an AI boom amid renewed Iran uncertainties. The KOSPI fell 0.13% to 9,052.42 after planned talks with Iran were postponed.
Seoul stocks paused Friday after a six-day rally, with investors cashing out gains from an AI boom amid renewed Iran uncertainties. The KOSPI fell 0.13% after choppy trading, influenced by postponed talks between the U.S. and Iran.
Seoul stocks surged Friday, with the KOSPI index climbing over 200 points to surpass 9,200, driven by strong performance in chipmakers like Samsung Electronics and SK Hynix, following positive leads from Wall Street.
Seoul stocks opened at a fresh record high Friday, surpassing 9,000 points, driven by a chip rally fueled by the artificial intelligence boom. Major chipmakers saw gains, with Samsung Electronics and SK hynix leading the charge.
Seoul stocks surged past 9,000 for the first time, opening at a record high Friday, driven by a continued chip rally fueled by the artificial intelligence boom. Overnight gains on Wall Street, particularly from chipmakers like Intel, Nvidia, and Micron, boosted the market. Analyst Han Ji-young of Kiwoom Securities anticipates the chip rally to continue, though profit-taking might limit further gains.
Seoul stocks, led by chipmakers, surpassed 9,000 points for the first time, driven by AI optimism and hopes for an end to the U.S.-Iran conflict. Despite a hawkish Fed, investors favored semiconductor giants Samsung Electronics and SK hynix.
Seoul stocks surged past the 9,000-point mark for the first time, driven by chipmaker optimism amid a hawkish Fed and hopes for an end to the U.S.-Iran conflict. The KOSPI closed up 2.25% to 9,063.84.
Seoul stocks crossed the 9,000-point milestone for the first time on Thursday, driven by AI-related stocks like Samsung Electronics and SK hynix, despite a hawkish U.S. Fed and Iran uncertainty. The KOSPI reached 9,040.52, less than a month after breaking 8,000.
Seoul stocks surpassed the 9,000-point milestone on Thursday, driven by strong performance in semiconductors and other tech heavyweights. The KOSPI index reached 9,000.68, less than a month after crossing the 8,000-point mark.
Seoul stocks were trading higher late Thursday morning, with the benchmark KOSPI up 0.73% to 8,928.59, driven by retail investors buying semiconductor heavyweights like Samsung Electronics and SK hynix. The index trimmed earlier gains due to foreign selling and caution over the U.S. Federal Reserve's policy direction.
Seoul stocks opened at a fresh record high on Thursday, with the KOSPI index rising 0.23% to 8,884.92. This occurred despite overnight losses on Wall Street, influenced by the U.S. Federal Reserve's hint of a rate hike and uncertainty surrounding a U.S.-Iran peace deal.
Seoul stocks opened lower on Wednesday, with the KOSPI index down 0.87% to 8,650.81. The decline was partly driven by investors pulling out of U.S. AI-related stocks, following Wall Street's overnight sell-off. Nvidia's bond issuance plan and caution ahead of the Federal Reserve's policy update also contributed to market sentiment.
Seoul stocks opened lower Wednesday, with the KOSPI down 1.2% at 8,622.13, tracking overnight declines on Wall Street. Investors pulled out of AI-related stocks in the U.S. market and showed caution ahead of the Federal Reserve's policy update.
Seoul stocks rose over 2% Tuesday, extending a winning streak to four days, fueled by optimism over a potential U.S.-Iran deal to end conflict and reopen the Strait of Hormuz. The Korean won weakened against the U.S. dollar.
Seoul stocks rose over 2% Tuesday, marking a fourth day of gains, driven by optimism about a potential U.S.-Iran deal to end conflict and reopen the Strait of Hormuz. The Korean won weakened against the U.S. dollar.
Yonhap News Agency reports on a US-Iran MOU for a 60-day ceasefire, leading to Seoul stocks opening higher. President Lee Jae Myung to attend G7 summit. Import prices fell in May due to lower oil prices. Appeals court upholds acquittals in a 2020 N.K. border murder case.
Seoul stocks rose Tuesday, with the KOSPI up 1.7% to 8,691.5, boosted by investor optimism following a U.S.-Iran agreement to reopen the Strait of Hormuz. U.S. stocks also rallied overnight on the news, easing oil price and inflation concerns.
Seoul stocks closed sharply higher Monday, with the KOSPI index surging 5.2% to 8,545.98, driven by an agreement between the US and Iran to end their war. The Korean won also rose significantly.
Seoul stocks closed sharply higher Monday, with the KOSPI index surging 5.2% to 8,545.98, driven by an agreement between the US and Iran to end their conflict. The Korean won also saw a significant rise.
Seoul stocks surged Monday, with the KOSPI index climbing over 5% to surpass 8,500 points. The rally was driven by an agreement between the US and Iran to end their conflict, prompting a risk-on sentiment and significant buying from foreign and institutional investors. A sidecar was triggered due to the rapid gains.
Seoul stocks surged Monday as investors reacted positively to a US-Iran agreement ending their conflict and reopening the Hormuz Strait. The KOSPI index rose 4.76%, with major companies like Samsung Electronics and Hyundai Motor seeing significant gains.
KOSPI rises 4.63% to 8,123.62 amid hopes for a US-Iran war settlement, led by tech stocks like Samsung Electronics and SK hynix, despite limited gains due to global banks curbing hedge funds' bets.
Seoul stocks surged over 4% Friday, with the KOSPI closing up 4.63% at 8,123.62. Investors bought tech heavyweights like Samsung Electronics amid hopes for a swift end to the US-Iran conflict, though global banks' curbs on hedge funds limited gains.
