Seoul Stock Market Rises on AI Hopes Amid Middle East Tensions

Seoul shares open higher amid revived AI hopes

Seoul shares opened higher Tuesday, led by gains in semiconductor stocks, amid escalating tensions in the Middle East that pushed up oil prices. After opening 0.72 percent higher, the benchmark Korea Composite Stock Price Index extended gains, trading 54.51 points, or 0.78 percent, up at 7,049.90 as of 9:15 a.m. The index soared by more than 4 percent in the previous session on the back of a rally in tech stocks amid revived hopes for artificial intelligence-related earnings momentum. The US sto

By The Korea Herald