Seoul stocks open sharply higher on revived AI optimism, SK hynix earnings

Korea Times News ·
Economy Markets South Korea
South Korea

Korean stocks opened sharply higher Wednesday, tracking overnight gains on Wall Street, as strong artificial intelligence (AI)-driven semiconductor earnings lifted investor sentiment ahead of the Federal Reserve's interest rate decision. The benchmark Korea Composite Stock Price Index (KOSPI) rose 183.73 points, or 3.26 percent, to 5,822.07 as of 9:15 a.m., extending its rally after surging more…

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