Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   DIGITAL ASSETS
Indices

South Korean Shares Extend Gains

The benchmark KOSPI rose more than 1% to around 6,660 on Friday, extending gains from the previous session, as easing expectations for another US rate hike lifted global risk sentiment. US stocks rallied overnight after Fed Governor Christopher Waller signaled a preference for holding rates steady unless inflation surprises, while the 10-year Treasury yield retreated to 4.77% after reaching its highest level since November 2023. Semiconductor shares also advanced, with Samsung Electronics and SK hynix climbing more than 1% and nearly 3%, respectively. Samsung narrowed its HBM market-share gap with SK hynix in Q2, supporting the outlook for Korea’s key chip sector. Gains were also recorded in SK Square (2.1%), Samsung Electro-Mechanics (2.4%), Samsung SDI (2.5%), and LG Electronics (1.4%). Meanwhile, renewed US plans for targeted semiconductor tariffs linked to companies’ domestic production could limit further gains, with details on rates and exemptions yet to be finalized.

Register a Revolut Business Account

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button