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المشهد العربي
South Korean shares gain on AI sector
South Korean stocks continued to rise notably, marking their biggest weekly jump since May, amid investment optimism in the artificial intelligence sector and a decline in the risks associated with U.S. monetary policy. The Kospi index closed at its highest level since July, after seven weeks of losses, with Samsung Electronics shares up 2.45% and SK Hynix shares up 3.25%. Strong gains were achieved as foreign investors entered with a net capital of $2.12 billion, and the dollar declined against the won by 0.35%. The Korean market rose by 2.40% for the Kospi index, marking an 8.25% increase over the week.
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