Seoul Stocks Rise on Chip Gains Despite Middle East Tensions
South Korean shares closed higher driven by strong performance in the semiconductor sector, bucking broader regional trends. Investors remained focused on tech gains even as escalating Middle East tensions weighed on Asian markets.
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Oil heads for $100, Asia stocks subdued as Middle East tensions escalate - reuters.com
Oil heads for $100, Asia stocks subdued as Middle East tensions escalate reuters.com
Read full article →Seoul shares end higher on chip gains despite Middle East tensions
Seoul shares ended higher Wednesday as major chipmakers rallied on continued optimism over artificial intelligence, outweighing concerns over escalating tensions in the Middle East. The Korean won strengthened against the US dollar. The benchmark Korea Composite Stock Price Index rose 97.12 points, or 1.4 percent, to 7,051.64. Overnight, the Philadelphia semiconductor index increased 1.3 percent despite declines on Wall Street's three main indexes amid escalating tensions in the Middle East. Glo
By The Korea Herald
Read full article →(2nd LD) Seoul shares end higher on chip gains despite Middle East tensions
SEOUL, Sept. 9 (Yonhap) -- Seoul shares ended higher Wednesday as major chipmake...
By Kim Eun-jung
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