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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korean shares rebound as chipmakers recover after five-day losing streak

South Korean shares rose on Wednesday, led by a rebound in semiconductor stocks as investors bought the dip following five consecutive sessions of declines, according to a Reuters report.

The benchmark Kospi was up 44.63 points, or 0.74%, at 6,079.78 as of 0127 GMT, after gaining more than 2% earlier in the session. On Tuesday, the index plunged 5.5% to its lowest level since July 30.

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