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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: KOSPI gains as AI-driven chip demand lifts South Korean export

South Korea LG Energy Solution Samsung SK Hynix United States

South Korean shares rose on Tuesday, September 1, after preliminary data showed the country’s exports recorded another month of strong growth, helped by robust demand for semiconductors linked to the artificial intelligence boom. The Korean won weakened against the US dollar, while government bond yields moved higher.

The benchmark KOSPI was up 22.72 points, or 0.33%, at 6,842.74 as of 0104 GMT. The index has gained 62.37% so far this year.

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