South Korean Shares Hit Record High on Chip Rally

The benchmark KOSPI surged more than 4% to around 7,850 on Monday, hitting a fresh record high, driven by continued strength in semiconductor and AI-related shares after another rally on Wall Street.
Samsung Electronics jumped over 7% while SK hynix soared nearly 12%, tracking strong gains in major US chipmakers. Investor sentiment was further supported by data showing South Korea’s exports rose 43.7% year-on-year in the first 10 days of May, with semiconductor shipments surging almost 150% to a record high amid booming AI server demand. Other notable gainers included SK Square (5.1%), HD Hyundai Heavy Industries (3.0%), Hanwha Aerospace (2.7%), and Kia Corporation (5.8%). Meanwhile, markets also monitored escalating geopolitical tensions in the Middle East after Seoul confirmed that unidentified airborne objects struck a South Korean-operated vessel in the Strait of Hormuz, contributing to a sharp rise in global oil prices and renewed concerns over energy supply disruptions.

الربح
الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.
ابدأ البيع من خلال تقديم الخدمات





