Yonhap News4/30/2026BusinessSouth Korea
Seoul Stocks Open at Fresh High Over 6,700 on Strong Samsung, Tech Earnings
KOSPI reaches new peak as investors bet on sustained chip demand amid AI boom
Quick Look
- Seoul stocks opened at a fresh high of over 6,700 as investors bet chip demand will remain solid following strong earnings from Samsung Electronics and U.S. tech giants.
- The KOSPI rose 19.51 points (0.29%) to 6,710.41, extending gains to a third consecutive day after closing at a new peak of 6,690.90 the previous day.
- Samsung posted record quarterly earnings, fueling hopes the AI sector will continue to drive growth.
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Seoul stocks opened at a fresh high of over 6,700 as investors bet chip demand will remain solid following strong earnings from Samsung Electronics and U.S. tech giants. The KOSPI rose 19.51 points (0.29%) to 6,710.41, extending gains to a third consecutive day after closing at a new peak of 6,690.90 the previous day. Samsung posted record quarterly earnings, fueling hopes the AI sector will continue to drive growth.
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This article was originally published by Yonhap News.
