Seoul shares open 1.06 percent higher on tech gains

Kiswahili

Seoul shares opened higher on Monday, driven by gains in technology companies ahead of second-quarter earnings results.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 86.11 points, or 1.06 percent, to 8,174.45 at the opening bell.

Tech stocks led the gains, with market bellwether Samsung Electronics rising 4.2 percent and chip giant SK hynix advancing 1.53 percent.

Investors are eyeing corporate earnings results for signs that massive spending on AI infrastructure is resulting in profits.

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Seoul stock traders on the exchange floor watching rising tech stocks reach record highs
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Seoul stocks open at record high on tech rally

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South Korean stocks opened at a fresh record high on Monday as investor appetite for tech shares drove gains.

Seoul shares open at fresh high above 6,700 on Samsung, US tech earnings

Seoul stocks opened Thursday at a fresh high above 6,700, driven by solid chip demand expectations following strong first-quarter earnings from Samsung Electronics and U.S. big tech firms. The benchmark KOSPI rose as high as 6,739.39 at the opening bell before adding 19.51 points, or 0.29%, to 6,710.41 as of 9:15 a.m. The index had closed at a new peak of 6,690.90 the previous day, marking three straight days of gains.

Seoul shares open at fresh record high near 8,000 milestone

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South Korean stocks opened at a fresh record high on Thursday, moving closer to the historic 8,000 milestone on the benchmark KOSPI index amid strength in large-cap tech shares.

Asia

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Kospi briefly tops 6,700 ahead of US big tech earnings

Seoul's benchmark Kospi index briefly topped 6,700 points on Tuesday, hitting a new intraday record driven by large-cap tech shares. The gain came ahead of first-quarter earnings from US big tech firms such as Alphabet and Meta. As of 9:15 a.m., the Kospi stood at 6,656.05, up 41.02 points or 0.62 percent.

Seoul shares close at record high on Samsung gains

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South Korean stocks closed at a fresh record high above 8,800 on Tuesday, led by gains at Samsung Electronics amid optimism over Artificial Intelligence.

Seoul stocks open at record high amid US-Iran ceasefire extension

South Korean stocks opened at a record high Thursday, with the KOSPI benchmark nearing 6,500 points, driven by large-cap tech gains and the United States' indefinite extension of its ceasefire with Iran. U.S. President Donald Trump announced the decision following stalled peace talks. The index marked new records for the third consecutive session.

Seoul shares open strong on eased Middle East tensions

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Korean stocks opened sharply higher Friday following reports that the United States and Iran have reached an agreement to extend the current ceasefire.

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