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South Korea stocks finish at highest since late July as chipmakers rally

South Korean shares rose more than 4% on Monday to the highest close since late July, with chipmakers rallying on optimism for strong AI investment demand. The won also hit its highest level in nearly two years.

KOSPI

South Korean shares rose more than 4% on Monday to their highest close since late July, lifted by a rally in chipmakers on optimism about strong demand for AI investments. The won climbed to its highest level in nearly two years, while the benchmark bond yield was also lower.