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Finance

Korea stock outlook: KOSPI eyes U.S. inflation, Micron earnings after holiday

South Korean stocks are expected to seek direction this week as markets digest external factors that built up over the Chuseok holiday. While worries over trade frictions eased somewhat after a U.S.-China summit, investors are watching U.S. inflation data, Micron Technology earnings, oil prices and long-term interest rates. The KOSPI ended the last session before the break up 0.90 percent at 7,080.92, holding above 7,000.

Finance

KOSPI jumps more than 2 percent early on U.S. AI, semiconductor rally

South Korea\'s KOSPI rose more than 2 percent on Sept. 22, hovering around the 7,150 level as heavyweight chipmakers such as Samsung Electronics and SK Hynix advanced. Foreign investors and institutions were net buyers, while retail investors sold. The Kosdaq also climbed. The won strengthened against the dollar. Sentiment improved after U.S. stocks rallied on AI and semiconductor shares, and as U.S. 10-year yields and oil prices fell.

Finance

KOSPI surges past 6,900 on semiconductor rally as foreigners and institutions lead buying

South Korea\'s benchmark KOSPI surged more than 3 percent in early trade on Sept. 7, breaking above 6,900 as gains in large semiconductor stocks drew foreign and institutional buying. Samsung Electronics and SK Hynix led advances. Foreign investors and institutions were net buyers, while individuals were net sellers. The Kosdaq also rose. The won strengthened slightly against the dollar. U.S. stocks fell after strong jobs data, but U.S. semiconductor shares gained.