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(2nd LD) KOSPI rebounds 3.26 pct in volatile trading on bargain hunting (opens original article in a new tab)

TL;DR

South Korean stocks rebounded over 3 percent on Wednesday as investors bought semiconductor shares following a sharp decline the previous day, with foreign investors selling and domestic investors buying.

  • South Korean stocks rebounded 3.26 percent on Wednesday after a steep decline the previous day.
  • Investors bought semiconductor shares, with Samsung Electronics up 9.84 percent and SK hynix up 0.98 percent.
  • Foreign investors sold a net 4.66 trillion won, while retail and institutional investors were net buyers.

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