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Han Ji-young says strong exports lift Korean stocks off oversold levels

NewsFeeds update

South Korea's KOSPI rose more than 1% after falling nearly 2% early on, as strong October export data spurred buying. Kiwoom Securities analyst Han Ji-young said stocks were oversold again while fundamentals stayed solid, and exports near doubled, the largest gain in over 50 years, on AI chip demand.

MacroOdailyAINeutral

Read the original on Odaily

The story so far: KOSPI session gains

South Korea's KOSPI has been rising through the session, up 3% at 5,721.34 on 21 October and later extending gains past 5,800 points. On 2 November it extended its intraday gain to 2% after an early 2% fall, with SK Hynix up 3.8% and Samsung Electronics up 1.3%.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. South Korea's KOSPI opens higher as SK Hynix and Samsung Electronics gain over 2%

  2. South Korea's KOSPI rises 3.3% in the session

  3. South Korea's KOSPI rises 3% to 5,721.34 points

  4. KOSPI opens up 1.83% and Nikkei 225 gains 1.16%

  5. KOSPI jumps 4% as Samsung and SK Hynix climb

  6. KOSPI tops 5,800 as Samsung Electronics gains 7.4% and SK Hynix 8.2%

  7. South Korea's KOSPI closes up 3.29% as Samsung and SK Hynix gain

  8. South Korea's KOSPI rises more than 4% and triggers sidecar

  9. South Korea's KOSPI closes up 3.09% as chip stocks rally

  10. South Korea's KOSPI opens up 2.07% as SK Hynix and Samsung Electronics gain

  11. Korea Exchange triggers sidecar on KOSPI, halting programme buying

  12. SK Hynix shares jump 10% and Samsung Electronics 9.5% in South Korea

  13. KOSPI rises 1% as SK Hynix gains more than 4%

  14. Han Ji-young says strong exports lift Korean stocks off oversold levels

  15. South Korea's KOSPI extends gain to 2% intraday

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Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.