Seoul shares open sharply higher on tech rebound, Iran-Israel ceasefire

South Korean stocks opened sharply higher Tuesday, rebounding from the previous session's over 8 percent plunge, as major technology shares bounced back amid a ceasefire between Israel and Iran and sentiment that business fundamentals of sectors related to artificial intelligence remain strong. After opening 2.85 percent higher, the benchmark Korea Composite Stock Price Index extended its gains, rising 247.84 points, or 3.31 percent, to 7,732.25 as of 9:15 a.m. With the sharp rise, the Korea Exc

By The Korea Herald