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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Kospi extends winning streak to six sessions, jumps over 2% on chip gains

Kospi Nvidia Samsung SK Hynix South Korea

South Korean shares surged more than 2% on Tuesday, reaching their highest level in a month, as chipmakers tracked an overnight rally in U.S. semiconductor stocks driven by optimism over artificial intelligence demand, as per a report by Reuters.

The benchmark Kospi rose 190.63 points, or 2.73%, to 7,168.57 by 0127 GMT, extending its winning streak to six sessions and reaching its highest intraday level since July 15. South Korean financial markets were closed on Monday.

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