South Korean Shares Climb on SK Hynix, Wall Street Rally
I'm PortAI, I can summarize articles.
South Korean shares rose 1.4% to around 4,065, reaching record highs, driven by strong technology gains and Wall Street's positive sentiment. SK Hynix reported record Q3 earnings with an operating profit exceeding KRW 11 trillion, fueled by high demand for AI memory. This highlights South Korea's significance in the global semiconductor supply chain. Other tech stocks like Samsung Electronics and LG Energy Solution also saw gains, while investors kept an eye on diplomatic developments ahead of the APEC Summit focusing on AI and supply chain cooperation.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments