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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korean shares surge as Samsung, SK Hynix rally on AI optimism

SK Hynix Samsung Semiconductor United States

South Korean shares climbed on Wednesday, led by gains in Samsung Electronics and SK Hynix as investor appetite for artificial intelligence-related stocks remained strong. The South Korean won also strengthened against the US dollar, while government bond yields edged lower.

The benchmark KOSPI rose 100.16 points, or 1.44%, to 7,054.68 as of 01:30 GMT. The index has gained 67.40% so far this year.

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