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South Korean Stocks Jump 5% After Turbulent Week on AI Swings

South Korean Stocks Jump 5% After Turbulent Week on AI Swings
Bloomberg Markets Friday 03 July 2026, 05:00 UTC By Charlotte Yang 1 min read
Key Points

South Korean Stocks Jump 5% After Turbulent Week on AI Swings South Korean stocks rebounded after a near 10% drop in the previous two sessions, highlighting skittish investor sentiment as scrutiny grows over the sustainability of the global AI boom. The Kospi Index gained as much as 5.5% on Friday as Samsung Electronics Co. and SK Hynix Inc. both rallied more than 9%. The Korea Exchange briefly halted program buying as Kospi futures jumped.

South Korean Stocks Jump 5% After Turbulent Week on AI Swings South Korean stocks rebounded after a near 10% drop in the previous two sessions, highlighting skittish investor sentiment as scrutiny grows over the sustainability of the global AI boom. The Kospi Index gained as much as 5.5% on Friday as Samsung Electronics Co. and SK Hynix Inc. both rallied more than 9%. The Korea Exchange briefly halted program buying as Kospi futures jumped. Foreign funds and retail investors were net sellers of the benchmark’s stocks, while local funds added positions.
South Korean (ORG) AI Swings South Korean (ORG) Kospi (PERSON) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) The Korea Exchange (ORG)
Originally published by Bloomberg Markets Read original →

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