Yonhap News4/30/2026BusinessSouth Korea
Seoul Stocks Open at Fresh High Over 6,700 on Strong Chip Demand, Tech Earnings
KOSPI rises 0.72% to 6,739.39, extending gains to third consecutive day amid AI boom hopes
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- Seoul stocks opened at a fresh high of 6,739.39, up 0.72%, driven by strong earnings from Samsung and U.S. tech giants including Alphabet, Amazon, Meta and Microsoft, reviving hopes for continued AI demand.
- The KOSPI extended gains to a third consecutive day, while oil prices spiked after Trump said he would not lift Iran's naval blockade until a nuclear deal is secured.
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Seoul stocks opened at a fresh high of 6,739.39, up 0.72%, driven by strong earnings from Samsung and U.S. tech giants including Alphabet, Amazon, Meta and Microsoft, reviving hopes for continued AI demand. The KOSPI extended gains to a third consecutive day, while oil prices spiked after Trump said he would not lift Iran's naval blockade until a nuclear deal is secured.
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This article was originally published by Yonhap News.
