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South Korean Shares Rise on AI Momentum

The benchmark KOSPI rose 1.5% to around 4,133 on Tuesday, extending gains for a second consecutive session as sentiment was supported by a global AI-driven rebound and easing uncertainties over the US government shutdown. Technology stocks led the advance, with Samsung Electronics (+3.9%) and SK hynix (+3.3%) climbing on strong investor interest following an AI-led rebound on Wall Street. Notable contributions also came from LG Energy Solution (+3.97%), Naver (+3.1%), SK Square (+9.5%), HD Hyundai Electric (+2.8%), and Korea Electric Power Corporation (+3.9%), supporting performance across technology, energy, investment, and utilities. Additionally, progress toward ending the US government shutdown further reduced risk concerns, reinforcing a positive market tone. Meanwhile, trading volume remained moderate, reflecting selective buying amid continued foreign outflows.

Today Markets

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