Seoul Shares

• South Korean stocks opened sharply higher on Tuesday, recovering from a significant plunge of over 8 percent in the previous trading session. • The rebound was driven by a recovery in major technology shares and positive investor sentiment regarding the strong business fundamentals of AI-related sectors. • Market stability was further supported by news of a ceasefire between Israel and Iran, reducing geopolitical tensions that had previously pressured shares.

• South Korean stocks surged by more than 8% on Tuesday, reclaiming the 8,000-point threshold after a similar percentage plunge in the previous session. • The market rebound was driven by a shift toward risk-on sentiment following a ceasefire agreement between Israel and Iran. • Investor confidence was further bolstered by ongoing optimism surrounding the artificial intelligence boom, which helped lift shares and the won.

• South Korean shares reached a new record high on May 29, driven by a strong rally in technology stocks and growing optimism regarding stability in the Middle East. • The market surge was bolstered by investor confidence in semiconductor demand and a positive shift in geopolitical sentiment affecting global trade. • This rally underscores the resilience of Seoul's tech-heavy index and reflects a broader trend of risk-on sentiment among Asian investors.