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[BUSINESS] · South Korea, United States · 8 sources

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KOSPI experiences high volatility amid semiconductor stock rebounds

The South Korean stock market experienced significant volatility, with the KOSPI attempting to rebound following a sharp decline. On one trading day, the index saw extreme fluctuations, rising nearly 2% before dropping 4% intraday, eventually closing with a slight gain.

Major semiconductor companies, including Samsung Electronics and SK Hynix, saw price movements influenced by a rebound in U.S. semiconductor stocks such as NVIDIA and Micron. While these tech giants saw some recovery due to low-price buying interest and improved sentiment in the U.S. AI sector, market volatility remained high due to concerns over international oil prices and U.S. Treasury yields.

Historical analysis indicates that September has traditionally been a weak month for the KOSPI, showing the lowest average monthly return since 2000. Investors are also closely monitoring potential market shifts related to upcoming U.S. political cycles and economic indicators.

Entities

Dow Jones Industrial Average · KOSPI · Korea Exchange · Nvidia · SK Hynix · Samsung Electronics · South Korea