Seoul's KOSPI Jumps 13 Percent as Chip Stocks Rally on Microsoft Earnings
South Korean equities rebounded sharply after three days of losses, lifted by semiconductor shares tracking overnight U.S. tech gains
Every BriefAsia story tagged Kospi, newest first.

South Korean equities rebounded sharply after three days of losses, lifted by semiconductor shares tracking overnight U.S. tech gains

Semiconductor stocks and heavy foreign capital inflows propelled Seoul's benchmark index past 6,500, erasing earlier losses in historic trading session

South Korea's benchmark index reclaimed the 6,500-point threshold in its largest single-day gain, reversing a three-session rout as semiconductor optimism returned
The benchmark index plunged from 9,385 to 5,663 in six weeks, exposing Seoul's reliance on Samsung and SK Hynix amid rising trade tensions and domestic chip advances in China.

Korea's benchmark index jumped 2.2% in early trading Wednesday, recovering from its steepest single-day drop in years as buyers moved back into beaten-down tech names.

SK hynix and Samsung shed 13 percent each while Tokyo's semiconductor stocks tumble, extending a global sell-off that has erased trillions in market value since mid-June.

South Korea's benchmark index triggered circuit breakers after plunging more than 6 percent in early trading, extending Wall Street's semiconductor rout across the region.

The SK Group energy unit has surged 115% in a month while the broader Kospi index fell, highlighting investor appetite for infrastructure plays tied to AI electricity demand.

Seoul's benchmark index erased three days of gains in a sharp Friday sell-off that briefly halted program trading

The KOSPI dropped 191 points in early trading Friday, tracking Wall Street's decline as geopolitical risk overshadows recent rally momentum

The Kospi fell 0.59 percent by mid-morning as Middle East tensions outweighed buying interest in technology stocks, extending losses from a 10.8 percent drop over two days.

Chipmakers SK Hynix and Samsung face steep losses after Meta signals capacity concerns, testing the resilience of Asia's AI-fueled equity surge