Latest Korea Financial Investment Association (KOFIA) News & Updates

Seoul, June 25 (IANS) South Korean stocks extended their gains late on Thursday morning, driven by a semiconductor rally, as Micron Technology’s better-than-expected earnings erased concerns over artificial intelligence (AI) growth.After opening 2.74 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended gains, adding 414.55 points, or 4.89 percent, to 8,885.57 as of 11:20 am, reports Yonhap news agency.Overnight, Wall Street closed mixed on concerns about overvaluation…