Business · Markets · 2 hrs ago
South Korea’s KOSPI opens 3.46% higher as AI shares rebound
South Korea’s KOSPI opened 3.46% higher at 5,658.65 on October 27.
The country’s benchmark stock index had gained 189.19 points from its previous close.
A rebound in US AI stocks and lower oil prices lifted investor sentiment overnight.
Samsung Electronics shares were up 4.46% and SK Hynix shares were up 6.27% at 9:02 a.m.
local time.
The KOSDAQ also opened higher, rising 2.18% to 743.09.
The figures describe the market at the opening, and no later trading outcome was given.
South Korea’s KOSPI opened 3.46% higher at 5,658.65 on October 27.
The rise followed a rebound in US AI-related shares and a decline in international oil prices.
Samsung Electronics and SK hynix rose as trading began, with gains of 4.46% and 6.27% at 9:02 a.m.
The Philadelphia Semiconductor Index gained 2.82% overnight, Yonhap reported.
- Who
- South Korean stock investors, with semiconductor companies including Samsung Electronics and SK hynix among the gainers.
- What
- The KOSPI opened 3.46% higher at 5,658.65.
- When
- October 27, 2026.
- Where
- South Korea’s KOSPI market.
- Why
- US AI-related shares rebounded and international oil prices fell, improving investor sentiment. Yonhap also cited news of Anthropic’s IPO filing as a boost to US technology shares.
This story does not have two clearly opposing sides.
US AI-related shares rebounded, while international oil prices fell.
The KOSPI opened at 5,658.65, up 3.46% from the previous session.
Samsung Electronics was up 4.46% and SK hynix was up 6.27%.
- KOSPI opening level
- 5,658.65
- KOSPI opening gain
- 3.46%, or 189.19 points
- Samsung Electronics
- Up 4.46% at 222,500 won at 9:02 a.m.
- SK hynix
- Up 6.27% at 1,355,000 won at 9:02 a.m.
- KOSDAQ opening
- 743.09, up 2.18%
2 sources
What people are saying
The first-half revenue increased by about 1,300%, and it is notable that operating losses also narrowed significantly.
The enormous computing costs, future investment obligations and interdependence with cloud providers remain burdens.