Seoul Shares Close at Record Above 9,100 on Chip Gains
Seoul's benchmark index closed at a new high above 9,100 points driven by gains in semiconductor shares. U.S.-Iran talks provided additional market sentiment support.
Topic cluster
ongoing
1 source grouped by AFBytes in Economy
AFBytes briefing
Rising chip valuations support Korean pension funds and household equity holdings that form part of national retirement savings.
What to watch next
- Observe next week's foreign-investor flow data for confirmation of sustained equity demand.