empty
 
 

2026.03.1101:20:56UTC+00Korean Stocks Rise on Bargain Hunting

The benchmark KOSPI advanced 3.14% to around 5,706 on Wednesday, extending its rally as investors rotated back into equities in search of attractive valuations despite persistent uncertainty in global energy markets. The rebound was fueled by renewed buying following recent declines, with investors accumulating undervalued shares across key sectors. Caution remained, however, amid escalating tensions in the Middle East that have heightened oil price volatility. Concerns intensified after US President Donald Trump warned Iran of possible military retaliation over alleged mining activities in the Strait of Hormuz, stating that US forces had destroyed ten inactive vessels linked to the operation. Chipmakers, automakers, and pharmaceutical names underpinned the index’s advance, with notable gains from Samsung Electronics (+1.44%), SK Hynix (+0.80%), Hyundai Motor (+2.29%), Samsung Biologics (+3.83%), and Kia Corp (+3.91%).

  • 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 $8000 more!
    In March we raffle $8000 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


Can't speak right now?
Ask your question in the chat.
Widget callback