10 September 2025, 06:30 South Korea: KOSPI Extends Rally on Tech Strength and Fed Expectations.
The benchmark KOSPI advanced 1.43% to around 3,306 on Wednesday, marking its highest level in over four years and notching a seventh straight session of gains as technology stocks tracked overnight strength on Wall Street. SK Hynix (3.65%), Hanwha Aerospace (3.49%), and Samsung Electronics (1.26%) were among the biggest contributors to the rally. Momentum extended into today’s session, supported by near-certain market expectations of a Federal Reserve rate cut at next week’s policy meeting. On the domestic front, sentiment was supported by labor recovery efforts as South Korea posted a third consecutive month of six-figure job gains, with 166,000 positions added in August to bring total employment to 28.97 million, extending the labor market’s rebound from last December’s brief contraction.
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