South Korea shares gain over 1% led by chipmakers
South Korean shares rose more than 1% on Monday, with chipmakers leading the gains after upbeat domestic export data and a rally in US semiconductor stocks. The benchmark KOSPI ended up 1.65% at 7,007.72. Samsung Electronics rose 4.98% and SK Hynix gained 0.59%. South Korea's exports for the first 20 days of September hit a record high on a surge in chip sales. The won strengthened 0.33% against the dollar.
KOSPI rises, foreigners net sellers Korean won strengthens against dollar South Korea benchmark bond yield falls For the midday report, please click... SEOUL, Sept 21 (Reuters) — Round-up of South Korean financial markets: * South Korean shares rose more than 1% on Monday, led by gains in chipmakers after upbeat domestic export data and a rally in US semiconductor stocks in the previous session. 72, its highest closing level since September 10. 59%.
* South Korea's exports for the first 20 days of this month hit a record high on a surge in chip sales, customs data showed on the day. N * Of the total 914 traded issues on the KOSPI, 310 shares advanced, while 552 declined. * "The chip sector was a rare gainer, with Samsung Electronics rising sharply on expectations of price hikes," said Seo Sang-young, an analyst at Mirae Asset Securities. 56%, respectively.
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