On Thursday, the KOSPI index increased by 0.54%, reaching approximately 4,026, as major large-cap stocks showed recovery following a sharp decline. This rebound was supported by gains on Wall Street the previous night. Among the notable gainers were SK Hynix, which rose by 2.42%, LG Energy Solution with a 4.96% increase, and KB Financial Group climbing by 4.36%. On the downside, Samsung Electronics fell by 0.60%, and Doosan Enerbility dropped by 3.95%.
The market was also buoyed by data indicating that South Korea's current account surplus soared to a September high, driven by strong export performance and increased dividend income. The surplus reached $13.47 billion, rising from $9.15 billion in August, representing the highest September figure on record and the second-highest monthly surplus overall.
In addition, Naver revealed its intention to invest $692.9 million in expanding its AI infrastructure next year, enhancing investor confidence in the tech sector and indicating potential growth for large-cap technology stocks.
