South Korean Shares Rebound

The benchmark KOSPI rose more than 1% to around 7,740 on Wednesday, rebounding after a sharp selloff in the previous session as investors selectively bought semiconductor and large-cap technology stocks. Optimism over AI demand and strength in chip exports continued to support sentiment. Gains were led by SK Hynix (2.9%), SK Square (1.9%), Hyundai Motor (5.3%), HD Hyundai Heavy Industries (2.6%), and Kia Corporation (1.9%), while losses were seen in Samsung Electronics (-2.2%), LG Energy Solution (-3.2%), and Doosan Enerbility (-4.9%). Meanwhile, hotter-than-expected US inflation strengthened expectations that the Federal Reserve could keep interest rates elevated for longer, while lingering uncertainty over US-Iran peace talks and elevated oil prices continued to weigh on sentiment. Investors also remained cautious amid policy uncertainty over proposals to redistribute AI-driven excess tax revenues and fears of a major Samsung Electronics strike after wage talks collapsed.
S&P 500 — US Large Cap Index
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





