South Korean shares were on track to snap a seven-week losing streak on Friday, with the benchmark Kospi climbing to a three-week high as chipmakers rallied on optimism surrounding artificial intelligence, according to a Reuters report.
The Kospi was up 55.55 points, or 0.82%, at 6,868.89 as of 0132 GMT, after gaining as much as 2.9% earlier in the session. The index pared some gains as investors turned cautious ahead of a public holiday on Monday.
