South Korean shares opened strongly higher on Monday, supported by easing Middle East tensions and major new artificial-intelligence agreements involving Korean and American technology companies.
The benchmark Kospi opened 1.73 per cent higher at 6,806.27. The advance later narrowed, with the index standing 0.68 per cent higher at 6,736.09 shortly after trading began. Seoul opening report
Semiconductor agreements boost confidence
South Korean and American technology companies agreed to pursue cooperation projects valued at a combined $950 billion during an AI summit in San Francisco.
The agreements included a proposed long-term arrangement under which SK Group would supply high-performance semiconductors to Nvidia and other technology companies.
Samsung Electronics gained 1.6 per cent during early trading, while SK Hynix edged 0.06 per cent higher. Hyundai Motor advanced 0.25 per cent, although Kia declined 1.69 per cent.
Falling oil prices also supported sentiment after the United States paused its attacks on Iran, reducing immediate concerns about energy supplies and inflation.
Newshub Editorial in Asia – 27 July 2026
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