Seoul stocks shut upper because of technological rebound in spite of tensions within the Center East | Yonhap Information Company
SEOUL, July 14 (Yonhap) — Seoul shares closed upper on Tuesday because of a rally in era heavyweights, even if buyers stay focused on renewed tensions within the Center East and uncertainty surrounding the synthetic intelligence (AI) sector. The Korean received rose towards the USA greenback.
After opening down 0.56 p.c, the benchmark Korea Composite Inventory Worth Index (KOSPI) reversed direction to near up 49.9 issues, or 0.73 p.c, at 6,856.83.
The index fell to six,448.86.
The rally adopted a 9 p.c drop within the KOSPI within the earlier consultation, pushed by way of a sell-off in era shares.
In a single day, the Dow Jones Commercial Reasonable fell 0.26 p.c, whilst the tech-heavy Nasdaq Composite fell 1.55 p.c.
Buyers have been additionally intently tracking trends within the Center East following the most recent alternate of assaults between the USA and Iran over the Strait of Hormuz state, whilst expecting US inflation knowledge due later within the day for recent clues at the outlook for rates of interest, analysts stated.
This picture taken on July 14, 2026 presentations the buying and selling room of Hana Financial institution in Seoul all over morning trade hours. (Yonhap)
