Latest news and articles about south korean stocks from NEX English
South Korean stocks have seen a notable rebound driven by rising shares of semiconductor manufacturers, such as <strong>Samsung</strong> and <strong>SK Hynix</strong>, as hopes grow that the Iranian war may be nearing its end. This development reflects a shift in investors' risk appetite.
South Korean stocks have seen a significant decline as escalating tensions in the Middle East have driven up oil prices, raising inflation fears and negatively impacting risk appetite in the tech market. This drop occurs at a sensitive time for the South Korean economy.
South Korean stocks fell by 3% on Monday, with the Kospi index closing down by 161.57 points at 5,277.30. The won also depreciated by 0.5%, reaching 1,518.7 won per dollar, marking its lowest level since March 2009 amid rising geopolitical tensions.