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Seoul Stocks Trim Early Gains; KOSPI Up 1.58% on AI OptimismZhiruitong Launches EMA-7132 Mini-ITX Board with Dual PCIe for Medical ImagingAiling Launches Always-On Recording Bean as Wearable AI Recorder Race Heats UpLG Electronics, Microsoft to Expand AI PartnershipwatchOS 27.2 Beta 2 Restores App Switcher With New Long-Press GestureGoogle opens Android Auto games to general availability and expands Motion Assist
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Seoul Stocks Trim Early Gains; KOSPI Up 1.58% on AI Optimism

Seoul stocks trim early gains; KOSPI up 1.58% on AI optimism and a record Nasdaq close.

AI News Feed · 2026-09-22 12:54

The KOSPI had opened 2.2 percent higher. Yonhap News reported that the sharp opening tracked a record close for the tech-heavy Nasdaq Composite amid renewed optimism over artificial intelligence, along with declines in global oil prices and bond yields.

The index later pared some of those gains as individual investors took profits on major stocks. Market heavyweights were trading mostly higher.

Samsung Electronics rose 1.92 percent, and chip giant SK hynix gained 2.41 percent. SK Square, the parent company of SK hynix, advanced 2.93 percent. Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, jumped 5.88 percent.

The Korean won was trading at 1,360.8 won against the U.S. dollar as of 11:20 a.m., up 13.7 won from the previous session's close, according to Yonhap News.