Kospi Surges 3.68% to Close at 6,579; Samsung, SK Hynix Lead Rally as Foreign Investors Net Buy $2 Billion ā BigGo Finance

- The Kospi index surged 3.68% to close at 6,579.04 on August 12, gaining 233.51 points and nearly ending a seven-week losing streak.
- The rally was driven by foreign investors net buying $2 billion, with semiconductor giants Samsung and SK Hynix leading the market gains.
- Positive after-hours earnings from U.S. AI infrastructure firms CoreWeave and Supermicro dispelled fears regarding semiconductor demand, boosting investor sentiment in South Korea.
- Analysts suggest this shift in sentiment toward AI-related stocks could provide the necessary momentum to reverse the index's recent downward trend.
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Sunrise Market Commentary - ActionForex
⢠Global bond markets continued a "highest since" trend yesterday, characterized by rising yields and shifting price actions. ⢠Energy prices surged further, driven primarily by a new intensification of the conflict involving Iran.
Read original Ā· actionforex.com
ActionForexThe history of financing America, in six crisis episodes By Reuters
⢠The Federal Reserve implemented "Operation Twist," a strategy involving the sale of short-term bills and the purchase of long-term Treasuries to stabilize the economy. ⢠To support the dollar and encourage investment, the Treasury utilized "Roosa bonds," which were sold to foreign central banks to protect against currency devaluation.
Read original Ā· investing.comWhat the Jump in Global Interest Rates Means for the Economy - The New York Times
⢠Global interest rates are surging, with the U.S. 10-year Treasury note climbing to nearly 4.8 percent. ⢠Significant shifts are occurring internationally, including the Japanese 10-year bond exceeding 3 percent for the first time since 1996 and the German 10-year bund hitting 3.33 percent, a peak not seen since 2011.
Read original Ā· nytimes.comStock market today: Sensex, Nifty see sharp drop amid Iran-US conflict flare-up; brent crude skyrockets
⢠Indian stock markets experienced a sharp decline today, with the Sensex dropping nearly 700 points and the Nifty plummeting 200 points within the opening minute of trade. ⢠The market volatility is driven by an escalation in the conflict between Iran and the United States, which has caused Brent crude oil prices to skyrocket.
Read original Ā· hindustantimes.comEurozone inflation jumps to 3.3% in August as energy prices surge
⢠Eurozone inflation rose sharply to 3.3% in August, driven primarily by a surge in energy prices which climbed more than 14% year-on-year. ⢠National rates varied across the region, with Spain recording the highest inflation at 4.5%, followed by Italy at 3.2%.
Read original Ā· euronews.com
EuronewsLondon Stock Exchange to lose three more firms after takeover offers
⢠Three additional companies are preparing to leave the London Stock Exchange following a series of takeover offers. ⢠This trend follows a broader wave of mergers and acquisitions that are removing firms from the capital's under-pressure stock market.
Read original Ā· europesays.com
United StatesStock Market Today Live Updates: Markets may fall as widening Iran conflict raises oil price - The HinduBusinessLine
⢠Indian stock markets (Sensex and Nifty 50) are expected to decline on September 2, 2026, as rising oil prices driven by the widening conflict in Iran create economic pressure. ⢠HSBC has entered a competitive bidding war against six global private equity firms to acquire a controlling 54% stake in Nuvama Wealth and Investment.
Read original Ā· thehindubusinessline.comPre-market action: Here's the trade setup for today's session - The Economic Times
⢠The Nifty index declined on Monday, driven by negative market sentiment stemming from rising crude oil prices and geopolitical tensions. ⢠Market activity saw a divergence in trading patterns, with foreign investors selling shares while domestic institutional investors continued to buy.
Read original Ā· economictimes.indiatimes.comEuro struggles as softer-than-expected US econoomic data offer little relief
⢠The EUR/USD currency pair struggled to attract buyers on Tuesday, trading around 1.1601 after hitting an intraday low of 1.1587. ⢠Despite the release of softer-than-expected US economic data, the US Dollar remained resilient and showed little weakness.
Read original Ā· fxstreet.comMarket Watch ā Aug. 28, 2026
⢠Markets were buoyed this week by strong tech earnings, which helped offset investor caution regarding inflation and provide relief against oil price volatility. ⢠The July personal consumption expenditures (PCE) report, released Wednesday, showed headline inflation was slightly firmer than expected, while core figures remained in line with forecasts.
Read original Ā· rdnewsnow.comBig tech, big debt: when US tech giants tap the euro area bond market
⢠US big tech companies are increasingly tapping the euro area bond market, issuing debt with significantly longer-dated maturities than other economic sectors. ⢠This trend helps build the long end of the yield curve, providing a financial structure that domestic corporate issuers in Europe use less frequently.
Read original Ā· ecb.europa.euEuro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus
⢠The EUR/USD pair maintained modest gains on Monday as the US Dollar failed to build on strength gained from hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium. ⢠Despite current Euro gains, the US Dollar remains supported by elevated Treasury yields, geopolitical tensions, and expectations of a hawkish Federal Reserve.
Read original Ā· fxstreet.com
