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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korean shares rise on chip gains, KOSPI set for third weekly loss

South Korean shares rose on Friday, led by gains in heavyweight chipmakers, although the benchmark index remained on track for its third consecutive weekly decline as elevated bond yields continued to weigh on investor sentiment.

The KOSPI was up 55.78 points, or 0.85%, at 6,635.26 as of 0152 GMT. Despite Friday's advance, the index has fallen 2.1% so far this week.

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