4 August 2025, 09:52 South Korea: Shares Rise on Tech Gains.
The benchmark KOSPI rose 0.5% to around 3,140 on Monday, rebounding from near four-month lows in the previous session, supported by strong performances in major tech stocks. Within tech, Samsung Electronics rose 1.3%, while internet platforms saw strong moves, with Naver climbing 3.1% and Kakao surging 5.6%. Other notable advancers included Doosan Enerbility (4.2%) and Kia Corporation (1.1%). However, losses in shipbuilding and battery stocks limited gains. Offshore investors were net buyers of KRW 6.28 trillion worth of KOSPI-listed stocks in July, the highest in 17 months, with Samsung Electronics accounting for over half of the inflows. Broader sentiment reflected cautious optimism amid South Korea’s ongoing corporate reform initiatives, despite lingering uncertainty around tax policy. Looking ahead, investors continued to monitor key US economic indicators and potential signals from the Federal Reserve.
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