South Korean Stocks Surge Nearly 6% Led by Chipmakers
South Korean stocks rallied sharply, with the KOSPI index rising 5.99% to 5,975.98, driven by chipmakers after SK Hynix reported better-than-expected Q3 profits and strong demand forecasts. SK Hynix shares rose 8.20%, Samsung Electronics 8.90%, while LG Energy Solution, Hyundai Motor, and Kia Corp also gained. Brent crude oil prices climbed over 1% amid Middle East supply concerns after a Saudi refinery attack.
TOI Business·



