South Korean Stocks Rise on Semiconductor Gains Despite Middle East Turmoil
The Kospi index climbed to close higher, buoyed by strong performance in the technology and chip sectors, even as regional markets grappled with volatility from escalating Middle East hostilities. Investors remained cautiously optimistic about domestic tech exports while monitoring surging energy costs.
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Oil heads for $100, Asia stocks subdued as Middle East tensions escalate - reuters.com
Oil heads for $100, Asia stocks subdued as Middle East tensions escalate reuters.com
Read full article →Seoul shares end higher on chip gains despite Middle East tensions
Seoul shares ended higher Wednesday as major chipmakers rallied on continued optimism over artificial intelligence, outweighing concerns over escalating tensions in the Middle East. The Korean won strengthened against the US dollar. The benchmark Korea Composite Stock Price Index rose 97.12 points, or 1.4 percent, to 7,051.64. Overnight, the Philadelphia semiconductor index increased 1.3 percent despite declines on Wall Street's three main indexes amid escalating tensions in the Middle East. Glo
By The Korea Herald
Read full article →(LEAD) Seoul shares end higher on chip gains despite Middle East tensions
SEOUL, Sept. 9 (Yonhap) -- Seoul shares ended higher Wednesday as major chipmake...
By Kim Eun-jung
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