South Koreas Kospi index jumps more than 13% on a surge of chipmaking stocks
BANGKOK (AP) — South Korea’s Kospi index jumped more than 13% on Friday, tracking Wall Street gains, as artificial intelligence-related stocks bounced back after losses this week. In early Asian trading, the Kospi rose 13. 1% to 6,330. 59. Shares of South Korean technology giant Samsung Electronics surged 19. 3%, while memory chipmaker SK Hynix soared 22. 6%. The Kospi index had plummeted more than 16% on Tuesday and Wednesday on a sell-off of technology stocks in part over worries about 4...
Read MoreFri, 31 Jul 2026
- South Koreas Kospi index jumps more than 13% on a surge of chipmaking stocks
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