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Asia

Global Market: South Korean shares surge 6% as chip stocks rebound

Markets-Economic Times · 2h ago · 🇮🇳 India

Global Market: South Korean shares surge 6% as chip stocks rebound

South Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI triggered a volatility curb, while foreign investors bought shares. Broader gains included Hyundai Motor, Kia and LG Energy Solution. The won weakened, while Korean bond yields showed mixed movement across maturities.

Read the full story at Markets-Economic Times →

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