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Korean Stocks Rebound After 10% Rout as Focus Back on Earnings

Korean Stocks Rebound After 10% Rout as Focus Back on Earnings
Bloomberg Markets Wednesday 24 June 2026, 00:40 UTC By Youkyung Lee 1 min read
Key Points

Korean Stocks Rebound After 10% Rout as Focus Back on Earnings South Korean stocks rebounded from a 10% rout, with investors refocusing on chipmakers’ earnings after what many saw as a selloff driven by technicals. The Kospi Index rose as much as 4.2% on Wednesday as Samsung Electronics Co. climbed 10%, bolstered by a report that it may announce a share buyback. SK Hynix Inc. gained more than 5%.

Korean Stocks Rebound After 10% Rout as Focus Back on Earnings South Korean stocks rebounded from a 10% rout, with investors refocusing on chipmakers’ earnings after what many saw as a selloff driven by technicals. The Kospi Index rose as much as 4.2% on Wednesday as Samsung Electronics Co. climbed 10%, bolstered by a report that it may announce a share buyback. SK Hynix Inc. gained more than 5%. Foreign funds continued to sell early in the session, while retail investors added positions.
Korean (ORG) Focus Back on Earnings (ORG) South Korean (ORG) Kospi (PERSON) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG)
Originally published by Bloomberg Markets Read original →

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