Illustration of Seoul stock traders reacting to KOSPI surge driven by Micron earnings.
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Seoul stocks surge sharply on Micron earnings

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English

The KOSPI index opened sharply higher on June 25, driven by Micron Technology's strong earnings. It rose 5.61 percent to 8,945.95 by 9:15 a.m.

The Korea Exchange issued a buy-side sidecar at 9:07 a.m. after the KOSPI 200 Futures index rose more than 5 percent. Program trading was halted for five minutes.

Samsung Electronics gained 4.99 percent and SK hynix climbed 9.88 percent. SK Square rose 8.56 percent.

The Korean won traded at 1,547.95 won per dollar at 9:15 a.m., down 6.15 won from the prior session.

What people are saying

Initial reactions on X highlight the sharp KOSPI rise driven by Micron's strong earnings and AI chip demand, with users noting semiconductor sentiment recovery and market rebound. Some posts link it to broader tech gains and SK Hynix movements, expressing optimism about continued rallies while a few provide context on global chip impacts.

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