Watch Desk posted an update
South Korea’s KOSPI rose 3.9% to 5,682.6 by 11:20 a.m. on Tuesday, as technology shares rallied amid renewed optimism about AI. The Korea Exchange activated a buy-side sidecar, briefly suspending program-trading buy orders.
Why it mattersSamsung Electronics gained 4.69% and SK hynix 6.59%, while SK Square rose 10.79%. Yonhap, in a report published by The Korea Times, also cited falling oil prices and foreign buying as factors in the rally. The market’s mood has swung sharply from the AI-linked sell-off reported last week. One brisk morning does not settle whether the sector’s investment boom will pay off, but it shows how quickly sentiment can turn.
Discuss: Is this a meaningful return of confidence in AI stocks, or just a rally with more than one tailwind?
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