Global Market: South Korean shares rise as chipmakers gain on Wall Street rally, easing rate fears
- Posted on August 10, 2026
- By Business News Today
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- 1 min read
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Global Market: South Korean shares rise as chipmakers gain on Wall Street rally, easing rate fears
South Korean shares rose on Monday, led by chipmakers Samsung Electronics and SK Hynix, after a Wall Street rally and weaker U.S. jobs data eased concerns over near-term Federal Reserve rate hikes. The KOSPI gained 0.80%, though continued foreign selling limited gains. Investors also awaited overseas semiconductor and AI earnings for further market direction.
