South Korean shares rebound from two-week low as chipmakers track US peers

SAMSUNG BIOLOGICS

03/09/2026 02:46

KOSPI rises, foreigners net sellers
Korean won weakens against dollar
South Korea benchmark bond yield falls
SEOUL, Sept 3 (Reuters) - Round-up of South Korean financial markets:
     
** South Korean shares rose more than 1% on Thursday, rebounding from a two-week low, as chipmakers tracked overnight gains in U.S. peers. 
** The benchmark KOSPI .KS11 was up 90.60 points, or 1.38%, at 6,653.32 by 0129 GMT, after closing on Wednesday at its lowest since August 19. 
** Wall Street advanced on Wednesday, notching a partial rebound from a three-day losing streak as investors searched for deals among stocks and sectors that might have been oversold amid recent risk-off moves. .N
** Broadcom AVGO.O on Wednesday forecast strong AI chip sales for the next two years, offering fresh evidence that Big Tech's appetite for AI infrastructure remains undiminished as investors scrutinize returns on massive spending.
** South Korean chipmaker Samsung Electronics 005930.KS rose 1.00% and peer SK Hynix 000660.KS gained 0.87%, after the Philadelphia Semiconductor Index .SOX rose in the previous session, with U.S. peer Nvidia NVDA.O gaining more than 3%. 
** Battery maker LG Energy Solution 373220.KS climbed 5.47%, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were up 1.19% and up 1.93%, respectively.
** Steelmaker POSCO Holdings 005490.KS added 4.39%, while drugmaker Samsung BioLogics 207940.KS fell 0.73%.
** Of the total 907 traded issues, 568 shares advanced, while 304 declined.
** Foreigners were net sellers of shares worth 210.3 billion won ($155.10 million).
** The won was quoted at 1,359.8 per dollar on the onshore settlement platform KRW=KFTC, 0.04% lower than its previous close at 1,359.2.
** In money and debt markets, September futures on three-year treasury bonds KTBc1 gained 0.12 point to 103.07.
** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 3.5 basis points to 3.905%, while the benchmark 10-year yield KR10YT=RR fell by 2.5 basis points to 4.379%.
     
($1 = 1,355.9000 won)

(Reporting by Jihoon Lee; Editing by Rashmi Aich)
((jihoon.lee@thomsonreuters.com;))