Daily Market Updates: South Korea’s Kospi rebounds as investors return to semiconductors

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South Korea’s Kospi rebounds as investors return to semiconductors

Reported · Written up by our desk · Asia

South Korea’s Kospi has rebounded after a recent rout, moving back into bull-market territory, CNBC Markets reports.

The bounce has been driven by investors rotating back into the semiconductor giants that dominate the benchmark index.

CNBC World similarly links the turnaround to renewed buying in chip-related names as traders seek exposure to the sectors underpinning the Kospi’s performance.

Latest closeKospi 6,345.53 ▲0.7%

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Sources

CNBC MarketsSouth Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

CNBC WorldSouth Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

Global Markets

South Korea’s Kospi rebounds as investors return to semiconductors

More like this

Sources

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