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(URGENT) Seoul shares end 0.97 pct higher on tech gains amid eased Mideast tensions

Asia-Pacific 1 source 1 country 🔦 Under-reported 50m ago

South Korean stocks finished higher on July 27 following a period of choppy trading, with the main index closing up 0.97 percent. The market gains were driven primarily by advances in the technology sector.

The upward movement in Seoul shares occurred amid eased tensions in the Middle East, which provided a more favorable environment for the trading session.

In corporate news contributing to the tech sector's positive momentum, electronic component manufacturer LG Innotek Co. reported a second-quarter net income jump of more than 2,000 percent, supported by an ongoing chip boom.

In-depth summary · AI, neutral
Read the full story at the source Yonhap English (Seoul, South Korea) · KR
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