empty
 
 

14.07.202601:44:49UTC+00South Korean Shares Edge Higher

The benchmark KOSPI rose 0.5% to around 6,840 on Tuesday, rebounding after hitting a more than two-month low in the previous session as investors stepped in to bargain-hunt following a sharp selloff in AI-related chipmakers. Heavyweight technology stocks led the recovery, with Samsung Electronics and SK Hynix gaining 5.5% and 4.1%, respectively, after slumping nearly 11% and a record 15% in the prior session. Other notable advancers included SK Square (2.2%), LS Electric (2.8%), and Hyosung Heavy Industries (1.1%).

Upside momentum, however, was capped as markets remained cautious over escalating tensions in the Middle East after the US reinstated a blockade of Iranian ports and President Donald Trump announced a 20% charge on cargo transiting the Strait of Hormuz. Those developments pushed oil prices higher and dampened global risk appetite. Investors also stayed focused on upcoming earnings from major chipmakers and large US technology firms for fresh indications on AI-related demand and capital spending plans.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback