South Korean Shares Rise to Near Two-Month High on Chipmaker Strength
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South Korean Shares Rise to Near Two-Month High on Chipmaker Strength

South Korean shares reached a near two-month high on Monday, driven by a rally in chipmakers like Samsung Electronics and SK Hynix, fueled by optimism for upcoming export data. The benchmark KOSPI index saw a significant increase, with Samsung Electronics hitting an all-time high. Other major companies like LG Energy Solution, Hyundai Motor, Kia Corp, POSCO Holdings, and Samsung BioLogics showed mixed performance. The South Korean won also strengthened against the dollar.

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