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.
South Korean markets experienced a mixed close on Monday. Chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement. While the KOSPI index edged down, construction stocks soared on anticipated demand. However,…
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