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Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensions

  • Posted on July 15, 2026
  • By Business News Today
  • 1 Views
  • 1 min read
In brief

South Korea's primary stock index experienced a significant 7% rally on Wednesday, driven by cooling inflation expectations from the United States and renewed investor confidence in technology stocks. The semiconductor sector particularly benefited from strong demand forecasts for AI-related memory chips, with major players like Samsung Electronics and SK Hynix posting exceptional gains. This performance underscores how global economic indicators and technology sector momentum can outweigh geopolitical concerns in investor decision-making.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensions
Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensions

South Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data and Wall Street gains boosted risk appetite. Optimism over AI memory demand also lifted semiconductor stocks, with Samsung Electronics rising 8%, SK Hynix gaining over 13%, Hanmi Semiconductor soaring 25%, and SK Hynix ADRs jumping more than 27% overnight.
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Business News Today

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