Seoul stocks closed higher for a second day, driven by an extended chip rally, but pared some gains as investors awaited upcoming second-quarter earnings releases from major U.S. tech companies like Alphabet, which is expected to report Wednesday.
Seoul stocks opened higher Wednesday, with the KOSPI rising 0.54% to 8,522.37, driven by a continued chip rally and prospects for US-Iran peace talks. Investors are also watching the National Pension Service's stock portfolio rebalancing.
Seoul stocks opened higher on Wednesday, led by a continued chip rally and positive overnight gains on Wall Street. Investors are also monitoring the National Pension Service's stock portfolio rebalancing.
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.
South Korea's KOSPI index surged to a record 8,288.7, driven by Samsung Electronics and SK hynix, despite foreign net selling, with the won strengthening against the USD.
SEOUL, May 12 (Yonhap) -- South Korean stocks opened at a fresh record high of a...
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SEOUL, May 12 (Yonhap) -- South Korean stocks opened at a fresh record high of a...
SEOUL, May 11 (Yonhap) -- South Korean stocks opened at a fresh record high Mond...
SEOUL, May 11 (Yonhap) -- South Korean stocks opened at a fresh record high Mond...
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SEOUL, May 7 (Yonhap) -- South Korean stocks opened at a fresh record high Thurs...
SEOUL, May 7 (Yonhap) -- South Korean stocks opened at a fresh record high Thurs...
SEOUL, May 6 (Yonhap) -- South Korean stocks shot up nearly 6.5 percent Wednesda...
SEOUL, May 6 (Yonhap) -- South Korean stocks shot up nearly 6.5 percent Wednesda...
SEOUL, May 6 (Yonhap) -- South Korean stocks shot up nearly 6.5 percent Wednesda...
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SEOUL, May 6 (Yonhap) -- South Korean stocks traded 6 percent higher to stay abo...
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SEOUL, May 4 (Yonhap) -- South Korean stocks traded nearly 4 percent higher to h...
Stocks mostly higher Friday with Nasdaq leading chip rally for 18th straight day, powered by Intel's strong quarter. Jim Cramer expressed concern about tech-heavy market breadth and oil's drag on capital rotation. DOJ dropped criminal probe of Fed Chairman Jerome Powell, clearing path for Kevin Warsh confirmation. Ahead of earnings, Cramer recommended Corning and called Meta a 'screaming buy' while defending Microsoft.
