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Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement
South Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement. While the KOSPI edged down, construction stocks soared on anticipated demand. However, concerns linger about the long-term payoff of these substantial investments, as foreigners offloaded shares significantly, impacting the won's value.
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cryptobriefing.com
South Korea's stock market rises 200% year-on-year amid AI chip rally
South Korea's KOSPI index has surged roughly 200% year-on-year as Samsung and SK Hynix ride the AI chip boom, but concentration risk looms large.
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economictimes.indiatimes.com
South Korea’s favourite AI stocks slide again, drag Kospi index down 8% - The Economic Times
Heavyweights Samsung Electronics and SK Hynix, which together account for more than half of Kospi's market cap, fell around 9% each on Friday, forcing the exchange to trigger…
