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South Korea’s stock market hit a record high on strong tech demand and upbeat global economic signals.
South Korea’s KOSPI hit a record closing high of 3,941.59, gaining 2.5% as tech and chemical stocks led gains despite mixed results in finance and auto sectors.
The rally was fueled by strong investor demand, particularly in semiconductors, with Samsung and SK Hynix driving trading volume, which reached a four-year high.
Global markets rose on upbeat U.S. earnings and softer inflation data, supporting expectations of Federal Reserve rate cuts.
The index briefly broke above 4,000, while foreign investment and AI-related optimism boosted sentiment, though analysts warned of market concentration and overvaluation risks.
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El mercado bursátil de Corea del Sur alcanzó un récord debido a la fuerte demanda de tecnología y a las positivas señales económicas globales.