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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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economictimes.indiatimes.com
Timeline cronologica
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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.…
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Global Markets: S.Korean shares log best quarter in nearly 30 years on chipmaker rally
South Korean stocks celebrated their best quarter in almost three decades, driven by a phenomenal surge in chipmakers. The KOSPI index soared, with tech giants Samsung Electronics…
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South Korea's KOSPI crashes nearly 8% on chip selloff
South Korean stocks experienced a sharp decline of nearly 8% on Thursday, hitting their lowest point in over three weeks. This downturn was primarily driven by a global selloff in…