South Korea's financial market: Stock market rises over 1%, chip manufacturing stocks follow the surge of American peers

Reuters
2025.03.12 01:46
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The South Korean stock market rose more than 1% on Wednesday, led by chip manufacturing stocks, influenced by similar stocks in the United States. The KOSPI index increased by 35.42 points, closing at 2,573.02 points. Foreign investors net bought 91.791 billion Korean won in the KOSPI, and the Korean won slightly appreciated against the US dollar. Samsung Electronics and SK Hynix rose by 1.68% and 4.37%, respectively. The market is focused on US tariff policies and the upcoming inflation data