South Koreaâs KOSPI jumped more than 3.5%, reaching a three-week high as AI and semiconductor stocks led the recovery. The index has now gained nearly 30% from its late-July low below 5,300. Samsung Electronics is up about 40%, while SK Hynix has gained more than 30% from its July lows. Foreign investors are also returning, buying about $2 billion of KOSPI shares on Wednesday. However, Samsung and SK Hynix still make up more than 55% of the index, leaving the market highly dependent on global AI demand.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.