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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakers

Nvidia The Bank of Korea Bank of Korea Samsung SK Hynix United States

South Korean shares rose on Thursday, led by chipmakers after strong demand forecasts from US technology giant Nvidia, while investors awaited the Bank of Korea governor’s news conference following the central bank’s interest-rate decision, according to a report by Reuters.

The benchmark Kospi was up 83 points, or 1.22%, at 6,894.25 as of 0104 GMT. The index had gained as much as 2.8% earlier in the session, reaching its highest intraday level since August 18.

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