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As the market stabilizes, South Korea's Kospi Index rebounds from heavy sell-off

As the market stabilizes, South Korea's Kospi Index rebounds from heavy sell-off

格隆汇格隆汇2026/02/03 00:34
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Glonghui, February 3rd|The Kospi index once rose by 4.1%, rebounding from Monday's plunge, boosted by technology stocks. Precious metals also rebounded in early trading. Overnight, US stocks rose, with strong manufacturing data helping to lift market sentiment, while concerns over artificial intelligence spending eased. Samsung Electronics and SK Hynix were the biggest contributors to Tuesday's rise in South Korea's Kospi index. Out of 19 sector indices, 18 rose, with the electrical and electronics sector index leading the gains, rising as much as 6%. Retail investors were net buyers of Kospi constituent stocks, while domestic and foreign funds were net sellers. The small-cap Kosdaq index once rose by 3.4%.
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