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Seoul stocks open sharply higher on chip gains, easing Mideast tensions

SEOUL, Sept. 23 (Yonhap) -- South Korean stocks opened sharply higher Wednesday,...

Yonhap NewsKim Han-joo查看原文 ↗
Financial data is displayed on a screen at Hana Bank's dealing room in central Seoul on Sept. 22, 2026. (Yonhap)
Financial data is displayed on a screen at Hana Bank's dealing room in central Seoul on Sept. 22, 2026. (Yonhap)

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SEOUL, Sept. 23 (Yonhap) -- South Korean stocks opened sharply higher Wednesday, led by gains in tech heavyweights, following the tech-heavy Nasdaq Composite's back-to-back record closes.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 136.08 points, or 1.94 percent, to 7,153.99 at the opening bell.

On Tuesday (local time), U.S. stocks ended mixed, led by a persistent rally in technology shares that propelled the Nasdaq Composite 0.45 percent higher to another record close. In contrast, the Dow Jones Industrial Average fell 0.36 percent, while the S&P 500 declined 0.06 percent.

Investor sentiment improved sharply, backed by an extended rally in stocks related to artificial intelligence (AI), as well as hopes for easing tensions in the Middle East.

Diplomatic efforts are under way to end the Middle East tension, which worked to help oil prices fall.

Financial data is displayed on a screen at Hana Bank's dealing room in central Seoul on Sept. 22, 2026. (Yonhap)

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Seoul stocks open sharply higher on chip gains, easing Mideast tensions

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