Seoul shares, which initially surged 3.3 percent, later saw a rise of 2.08 percent to 7,397.40 on Thursday morning. Despite gains, concerns linger over geopolitical tensions in the Middle East and uncertainty in AI demand. U.S. stocks closed mixed, with the Dow Jones down 1.09 percent and the Nasdaq up 0.2 percent.
Institutions and foreigners bought stocks worth 985.8 billion won and 144.9 billion won, respectively, while individuals sold stocks worth 1.07 trillion won. Tech stocks, including Samsung Electronics and SK hynix, led the gains. Samsung Electronics rose 1.8 percent, and SK hynix surged 6.65 percent due to high demand.
SK Telecom rose by 4.52 percent, and Air Busan gained 7.5 percent. However, Hyundai Motor fell by 2.38 percent, and Hanwha Aerospace declined by 6.72 percent. The Korean won traded at 1,504.65 won per U.S. dollar. South Korea’s finance ministry issued euro-denominated FX stabilisation bonds worth 1.7 billion euros to strengthen its global financial position.
