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South Korean shares rebound from three-month low

South Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domestic chipmaker earnings and major US tech firms. The benchmark KOSPI index experienced a notable increase, recovering from its lowest close in weeks. Chipmaker SK Hynix reported strong quarterly results, while Samsung Electronics also saw gains. Foreign investors were net buyers, contributing to the market's upward movement.

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Economic TimesLean R·3h ago
South Korean shares rebound from three-month low
South Korean shares saw a rebound on Wednesday after a significant previous day's fall. Investors engaged in dip buying, focusing on domestic chipmaker earnings and major US tech firms. The benchmark KOSPI index experienced a notable increase, recovering from its lowest close in weeks. Chipmaker SK Hynix reported strong quarterly results, while Samsung Electronics also saw gains. Foreign investors were net buyers, contributing to the market's upward movement.
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South Korean shares rebound from three-month low

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