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CNBC
South Korea stocks have entered bull market in about a month as AI trade roars back
South Korea's stock market has rebounded sharply, with the Kospi index entering a bull market following a recovery in AI-related trading. The index rose over 4%, marking a significant turnaround from its July lows. Major technology firms, Samsung Electronics and SK Hynix, are key drivers in this market shift as investors respond favorably to ongoing heavy spending in AI. Analysts indicate that this trend could continue, bolstered by improving performance in memory-chip makers, which traditionally have a substantial impact on the South Korean equity market.
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Published 13 Aug 2026, 01:55 UTC2 min read
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Summary
TL;DR
- Kospi index has risen over 4%, entering a bull market.
- Rebound reflects nearly 23% growth from July 30 lows.
- Samsung and SK Hynix are leading the recovery.
- Investors are regaining interest in technology stocks.
- Memory stocks are beginning to outperform the tech sector.
Interesting facts
- The Kospi's rebound is one of the sharpest recoveries since the historic sell-off in July.
- The iShares MSCI South Korea ETF broke above key technical levels, signaling potential for further gains.
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