18.05.202604:52:12UTC+00South Korean Shares Rebound

The benchmark KOSPI rose 0.5% to around 7,525 on Monday, retracing part of the sharp losses from the previous session as dip-buying returned to large-cap technology names. The index opened lower but sentiment improved after Samsung Electronics reversed earlier declines amid easing concern over its planned labor strike. The shift followed a court ruling that partially favored the company and the resumption of government-mediated wage negotiations, which helped steady the broader market.

Gains were led by Samsung Electronics (+4.6%), SK Hynix (+1.0%), Samsung Electro-Mechanics (+4.9%), and Doosan Enerbility (+1.2%), while Hyundai Motor (-4.7%), LG Energy Solution (-3.4%), and HD Hyundai Heavy Industries (-3.6%) underperformed. The volatile session underscored persistent sensitivity to global growth prospects and interest rate expectations, with foreign selling and sector rotation limiting further upside. Labor-related uncertainty at Samsung remains a drag on sentiment toward the semiconductor sector.