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KOSPI Rebounds 4% on Tech Rally, Oil Drop

Korean stocks surged more than 4 percent on Nov. 10, snapping a three-day slide, as easing Middle East tensions and an overnight rally in U.S. semiconductor shares revived risk appetite. The benchmark KOSPI closed at 5,239.13, up 4.39 percent, according to the Korea Times. Yonhap also reported the market finished more than 4 percent higher, and Business Korea noted the rebound came in four trading days, boosted by tech stock gains from the U.S. market and recovering investor sentiment. KBS World attributed the sharp rebound to investor sentiment toward AI and semiconductor stocks picking up after earlier concerns that U.S. midterm election results could slow AI investment. The rebound followed a 1.66 percent gain on Nov. 9, when Seoul stocks reversed course on a chip rebound, and came after earlier sessions of steep losses, including a 3 percent rebound on Oct. 21 on eased AI spending woes and a 2 percent gain on Nov. 2 on bargain hunting.

  1. Korean stocks surge over 4% as risk appetite returns Korea Times · 2026-11-10
  2. Seoul shares soar over 4 pct to snap 3-day slide on tech rally, oil prices fall Yonhap · 2026-11-10
  3. [Closing Market] KOSPI Rebounds 4% as Tech Stocks Surge Business Korea · 2026-11-10
  4. KOSPI Rebounds after Investment Sentiment Toward AI Picks up KBS World · 2026-11-10
  5. Seoul stocks move up late Monday morning on chip rebound Korea Times · 2026-11-09
  6. Seoul stocks rebound over 3% on eased AI spending woes Korea Times · 2026-10-21
  7. (URGENT) Seoul stocks rebound over 2 pct on bargain hunting Yonhap · 2026-11-02

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