{"id":15669,"date":"2026-05-13T18:29:27","date_gmt":"2026-05-13T18:29:27","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/15669\/"},"modified":"2026-05-13T18:29:27","modified_gmt":"2026-05-13T18:29:27","slug":"seoul-shares-sharply-rebound-to-end-at-fresh-peak-on-tech-rally-won-drops","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/15669\/","title":{"rendered":"Seoul shares sharply rebound to end at fresh peak on tech rally; won drops"},"content":{"rendered":"<p><img src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/90b4cbab-becd-47cd-aa55-47e48a6b3b40.jpg\" style=\"height: auto; aspect-ratio: 1920 \/ 1580; width: 100%\" alt=\"THe KOSPI index is displayed at a dealing room of Hana Bank in Seoul, Wednesday. Yonhap\" decoding=\"async\" loading=\"eager\" fetchpriority=\"high\"\/><\/p>\n<p>THe KOSPI index is displayed at a dealing room of Hana Bank in Seoul, Wednesday. Yonhap<\/p>\n<p class=\"editor-p\">Korean stocks rebounded by more than 2 percent to settle above the 7,800-point mark Wednesday as investors scooped up semiconductor and auto shares amid lingering Middle East tensions ahead of the U.S.-China summit. The local currency declined against the U.S. dollar.<\/p>\n<p class=\"editor-p\">Opening 1.69 percent lower, the benchmark Korea Composite Stock Price Index reversed course to close at 7,844.01, up 200.86 points, or 2.63 percent.<\/p>\n<p class=\"editor-p\">The index fell 2.29 percent to finish at 7,643.15 on Tuesday on profit hunting, ending a five-session bullish run driven by tech stocks.<\/p>\n<p class=\"editor-p\">Overnight, U.S. inflation in April rose at the fastest pace in nearly three years, while oil prices climbed back above $100 per barrel amid fading hopes for a Middle East peace deal.<\/p>\n<p class=\"editor-p\">Investor sentiment, however, improved on expectations that the upcoming U.S.-China summit could help ease concerns over the Iran conflict.<\/p>\n<p class=\"editor-p\">Market sentiment also improved as the prime minister and finance minister called on Samsung Electronics&#8217; management and labor to sit again to resolve their sparring stance over a pay raise and bonus payments.<\/p>\n<p class=\"editor-p\">The two sides failed to narrow differences over sticky issues in overnight mediation talks. <\/p>\n","protected":false},"excerpt":{"rendered":"THe KOSPI index is displayed at a dealing room of Hana Bank in Seoul, Wednesday. Yonhap Korean stocks&hellip;\n","protected":false},"author":2,"featured_media":15670,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[337,864],"class_list":{"0":"post-15669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-korea-exchange","8":"tag-korea-exchange","9":"tag-krx"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=15669"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/15670"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=15669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=15669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=15669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}