South Korean equities surged to record levels on Tuesday, led by semiconductor giants Samsung and SK Hynix. The rally reflects renewed investor confidence in artificial intelligence and hopes for a diplomatic resolution between the US and Iran.
- Kospi rose up to 2.2% to reach a record intraday high
- Recovery follows losses caused by Iran-related conflict on Monday
- Samsung Electronics and SK Hynix acted as primary drivers
- AI trade momentum remains a core catalyst for growth
- Market optimism tied to potential US-Iran peace negotiations
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