Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement
- Posted on June 29, 2026
- By Business News Today
- 0 Views
- 1 min read
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement
South Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement. While the KOSPI edged down, construction stocks soared on anticipated demand. However, concerns linger about the long-term payoff of these substantial investments, as foreigners offloaded shares significantly, impacting the won's value.
