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Korean Shares Rise on Tech Rebound

The benchmark KOSPI rose 0.65% to around 4.025 on Wednesday, rebounding after two consecutive sessions of losses as investor sentiment was lifted by gains in technology shares. Trading in Seoul showed mixed movements among large-cap stocks. Samsung Electronics (0.88%), SK Hynix (0.28%), Hyundai Motor (0.17%), and Hanwha Aerospace (0.11%) posted gains, while Samsung Biologics (-1.84%), HD Hyundai Heavy Industries (-1.15%), and Doosan Enerbility (-1.55%) recorded declines. Investor optimism was further supported by developments in South Korea’s external relations. Seoul and Tokyo held their second round of mineral resources cooperation talks, aimed at strengthening bilateral collaboration amid intensifying global competition. Officials discussed falling copper treatment charges, explored multilateral cooperation through the Minerals Security Partnership, and considered joint development of critical minerals in third countries.

Today Markets

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