South Korean stocks opened slightly higher in Seoul, with the KOSPI Index finding support from semiconductor shares attempting a technical rebound after recent declines.
Technology leads early gains
Major chipmakers attracted bargain hunters, encouraged by signs of stabilising memory prices and longer-term optimism around AI-driven demand. Automakers traded mixed, while shipbuilders saw limited movement.
Retail investors remained active in growth names, although foreign participation was subdued.
Macro caution persists
Despite early gains, sentiment remains constrained by concerns over global growth and export performance. The won traded narrowly, offering little additional impetus to equities.
Outlook
Strategists say Seoul’s near-term direction will hinge on semiconductor pricing trends and US economic data. While valuations appear more attractive, volatility is expected to persist as investors reassess earnings forecasts for 2026.
Newshub Editorial in Asia – 19 February 2026
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