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(2nd LD) Seoul stocks rise 1.65 pct on chip gains despite Middle East tensions

Asia-Pacific 1 source 1 country 🔦 Under-reported 40m ago

The Seoul stock market experienced a 1.65 percent increase on Monday, driven primarily by strong investor demand for semiconductor stocks. The growth occurred despite ongoing geopolitical instability stemming from tensions in the Middle East.

The market rally reflects a focus on the technology sector as a primary driver for domestic equity performance. Investors continued to prioritize chip-related assets, indicating a resilient appetite for the industry even amidst broader international security concerns.

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Read the full story at the source Yonhap English (Seoul, South Korea) · KR
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