(URGENT) Seoul shares open 1.73 pct higher on eased Mideast tensions, mega chip deals
Seoul's stock market opened 1.73% higher as investors responded to eased Middle East tensions and announcements of large semiconductor contracts. The rise was driven by optimism over upcoming mega chip deals involving major manufacturers. The performance reflects broader sentiment toward geopolitical stability and growth in the technology sector.
- ▪Seoul's main index rose 1.73% at the opening on July 27, 2026.
- ▪The increase was linked to a de‑escalation of tensions in the Middle East.
- ▪Mega chip deals were announced, boosting confidence in the semiconductor industry.
- ▪The market's gain signals a positive outlook for Korean equities amid improved geopolitical conditions.
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