South Korean Shares Rise 3.03% as KOSPI Rebounds From Six-Month Low
The KOSPI rose 168.52 points, or 3.03%, to 5,721.26 as of 0121 GMT on Wednesday. The rebound followed a six-month closing low, with chipmakers rising on strong export data and upbeat demand forecasts.
South Korean stocks advanced more than 3% on Wednesday, recovering from a 6-month closing low. Chipmakers gained on strong export data and optimistic demand forecasts. The benchmark KOSPI KRX:KOSPI rose 168.52 points, or 3.03%, to 5,721.26 as of 0121 GMT.