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MARKETS-ECONOMIC TIMES · INDIAN ·

Global Market: South Korean shares surge as Samsung, SK Hynix rally on AI optimism

As reported by Markets-Economic Times
South Korean shares rose sharply on Wednesday, led by Samsung Electronics and SK Hynix as optimism over artificial intelligence supported semiconductor stocks. The KOSPI gained 1.44%, while the won strengthened against the US dollar and Korean government bond yields edged lower. Foreign investors, however, remained net sellers of South Korean equities.
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