South Korea’s main stock index, the Kospi, rises more than 13% in a broad rebound led by chipmaking and artificial intelligence-related shares. Multiple reports say the move follows gains on Wall Street and reflects improving global risk sentiment. The advance comes after earlier declines during the week in AI-linked stocks, which then bounce back sharply.
One source reports the Kospi jump at more than 15%, while another places it above 13%, but both describe the same overall surge. Coverage also links the rally to strength in technology and related sectors, particularly companies tied to semiconductor production. In addition to South Korea, Japanese markets are reported to climb, with technology and investment firms among the gainers.
Separately, one outlet notes oil prices increase amid ongoing geopolitical tensions and that a key shipping route remains closed, adding upward pressure to energy costs. Overall, the reports describe a coordinated pattern of gains across major markets, with semiconductors and AI stocks playing a central role in the Kospi’s sharp rise.
