Seoul stocks spike nearly 6 pct on chip rally, eased U.S. bond yield concerns

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Source: South Korea
Published: 2026-08-20 16:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
SEOUL, Aug. 20 (Yonhap) -- Seoul shares soared nearly 6 percent Thursday as investors bet on stronger shareholder returns from chip giants Samsung Electronics and SK hynix, and eased U.S. bond market concerns. The Korean won fell against the U.S. dollar.
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