Market Chatter: Seoul Shares Open Higher as Investors Go Bargain-Hunting; Samsung Adds 4%, SK Hynix Up 5%

MT Newswires Live

02/09

South Korean stocks opened sharply higher on Monday as investors took to purchasing stocks at a bargain, owing to last week's technology-led selloff on profitability concerns over AI companies, Yonhap News reported the same day.

The Korea Composite Stock Price Index or Kospi rose by 212.31 points, or 4.2%, to hit 5,301.45, while the Kosdaq increased by 33.01 points, or 3.05%, to hit 1,113.78 as of 10:56 am, Korea time.

Shares of market bigwigs Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) rose more than 4% and nearly 5%, respectively, in recent trade. Shares of Hyundai Motor (KRX:005380) and Kia (KRX:000270) increased over 2% and 1%, respectively.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Shares of <a href=\"https://laohu8.com/S/HYMLF\">Hyundai Motor</a> (KRX:005380) and Kia (KRX:000270) increased over 2% and 1%, respectively.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2610502852","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610502852","pubTimestamp":1770604354,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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