Seoul shares end higher on tech rebound despite Middle East tensions
Market bellwether Samsung Electronics rose 3.34 percent to 263,000 won, while its chipmaking rival SK hynix climbed 3.69 percent to 1,913,000 won
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Summary
Market bellwether Samsung Electronics rose 3.34 percent to 263,000 won, while its chipmaking rival SK hynix climbed 3.69 percent to 1,913,000 won. Flag carrier Korean Air rose 2.51 percent to 26,500 won, and shipping firm HMM gained 1.07 percent to 19,760 won. 2nd LD Seoul shares end higher on tech rebound despite Middle East tensions. (ATTN: ADDS bond yields at bottom) SEOUL, July 14 (Yonhap) -- Seoul shares ended higher Tuesday on a rebound in technology heavyweights, although investors remained concerned about renewed tensions in the Middle East and uncertainty surrounding the artificial intelligence (AI) sector.
Furthermore, Retail investors sold a net 4.14 trillion won. Among decliners, top carmaker Hyundai Motor fell 4.39 percent to 424,500 won, and defense giant Hanwha Aerospace declined 6.84 percent to 872,000 won. The index fell to an intraday low of 6,448.86.
In addition, The rebound followed a 9 percent plunge in the KOSPI the previous session, driven by a massive sell-off in technology stocks.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Market bellwether Samsung Electronics rose 3.34 percent to 263,000 won, while its chipmaking rival SK hynix climbed 3.69 percent to 1,913,000 won.
reliability low1/2 sourcesFlag carrier Korean Air rose 2.51 percent to 26,500 won, and shipping firm HMM gained 1.07 percent to 19,760 won.
reliability low1/2 sources2nd LD Seoul shares end higher on tech rebound despite Middle East tensions. (ATTN: ADDS bond yields at bottom) SEOUL, July 14 (Yonhap) -- Seoul shares ended higher Tuesday on a rebound in technology heavyweights, although investors remained concerned about renewed tensions in the Middle East and uncertainty surrounding the artificial intelligence (AI) sector.
reliability low1/2 sourcesRetail investors sold a net 4.14 trillion won.
reliability low1/2 sourcesAmong decliners, top carmaker Hyundai Motor fell 4.39 percent to 424,500 won, and defense giant Hanwha Aerospace declined 6.84 percent to 872,000 won.
reliability low1/2 sourcesThe index fell to an intraday low of 6,448.86.
reliability low1/2 sourcesThe rebound followed a 9 percent plunge in the KOSPI the previous session, driven by a massive sell-off in technology stocks.
reliability low1/2 sources
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