South Korean Stocks Enter Bull Market Driven by Chip Rally
South Korean stocks have entered a bull market, with Seoul shares rising sharply for a fourth consecutive day, primarily fueled by a strong rally in chip stocks. The market's significant gains in a short period are attributed to the resurgence of the AI trade.
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Korea Stock Bulls Drive Second Day of Emerging-Market Gains
A jump in South Korean stocks drove emerging-market equities higher on Thursday as the revival in the global AI trade pushed Seoul’s Kospi index into a technical bull market.
By Andras Gergely
Read full article →South Korea stocks have entered bull market in about a month as AI trade roars back
South Korean stocks rallied on Thursday, pushing the benchmark Kospi into a technical bull market.
Read full article →Chip stocks are closing in on a bull market. Here’s why some analysts are nervous.
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there’s no guarantee all those orders will be carried out.
By Britney Nguyen
Read full article →Seoul shares sharply up for 4th day on chip rally
South Korean stocks ended sharply higher for the fourth straight session on Thursday as investors scooped up major chipmakers. The Korean won gained ground against the US dollar. The benchmark Korea Composite Stock Price Index rose 210.97 points, or 3.21 percent, to close at 6,790.01, following 0.65 percent, 0.73 percent and 3.68 percent gains in the previous three sessions. After opening 2.96 percent higher, the KOSPI further added gains as foreigners and institutions scooped up major chip heav
By The Korea Herald
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