# Global Market: South Korean shares surge as Samsung, SK Hynix rally on AI optimism — retained record

> Retained news record from news:india-et-markets.

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source: [news](https://highsignal.app/data/news) (news:india-et-markets)  published 2026-09-09 04:21 ingested 2026-09-09 11:01

[original source ↗](https://economictimes.indiatimes.com/markets/us-stocks/news/global-market-south-korean-shares-surge-as-samsung-sk-hynix-rally-on-ai-optimism/articleshow/133952373.cms)

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The benchmark KOSPI rose 100.16 points, or 1.44%, to 7,054.68 as of 01:30 GMT. The index has gained 67.40% so far this year.
Chipmaker Samsung Electronics advanced 1.39%, while SK Hynix jumped 3.46%, tracking gains in US semiconductor stocks. The Philadelphia Semiconductor Index rose 1.3% in overnight trading, supporting sentiment toward South Korean chipmakers.
Read more: Global Market Today: Asian chip stocks rise, oil climbs towards $100
Other major stocks also traded higher. LG Energy Solution gained 0.29%, while Hyundai Motor and Kia rose 0.26% and 0.48%, respectively. POSCO Holdings slipped 0.15%, while Samsung BioLogics edged up 0.03%.
Of the 909 stocks traded, 405 advanced and 448 declined. Foreign investors were net sellers of South Korean shares worth 174.3 billion won ($130.2 million).
Read more: SpaceX shares could get a boost from Nasdaq 100 rebalancing
Won strengthens
The won strengthened 0.28% to 1,339.1 per dollar on the onshore settlement platform, compared with its previous close of 1,342.8. In offshore trading, the currency was quoted at 1,338.8 per dollar, up 0.1%, while its one-month non-deliverable forward contract was quoted at 1,338.4.
The currency has appreciated 7.5% against the dollar so far this year.
According to Reuters, South Korean President Lee Jae Myung and French President Emmanuel Macron discussed security cooperation and freedom of navigation in the Strait of Hormuz during a summit in Paris on Tuesday, as the conflict in the Middle East intensified.
Korean bond yields edge lower
In the debt market, September futures on three-year Treasury bonds gained 0.01 point to 103.12.
The yield on the most liquid three-year Korean Treasury bond fell 0.4 basis points to 3.899%, while the benchmark 10-year yield declined 1.1 basis points to 4.379%.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)
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(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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document fetched 2026-09-09 12:07