Seoul stocks up late Wednesday morning ahead of Nvidia earnings
Summary
Seoul stocks were trading higher late Wednesday morning as investors waited for Nvidia’s earnings release in Seoul on Wednesday morning. The KOSPI was up 51.04 points, or 0.76 percent, at 6,793.78 as of 11:21 a.m. Samsung Electronics and SK hynix rose, while Hyundai Motor and Hanwha Aerospace fell. The Korean won was quoted at 1,382.3 won against the U.S. dollar, up 0.4 won from the previous close.
Key Facts
- The KOSPI was trading at 6,793.78 as of 11:21 a.m., up 51.04 points, or 0.76 percent.
- Samsung Electronics rose 0.97 percent and SK hynix added 1.19 percent in Seoul trading.
- Hyundai Motor slid 0.36 percent, Hanwha Aerospace dipped 2.63 percent, and LG Energy Solutions added 0.14 percent.
- The Korean won was quoted at 1,382.3 won against the U.S. dollar as of 11:21 a.m.
- Investors were watching Nvidia’s earnings release, which was seen as a test of the durability of the global artificial intelligence infrastructure boom.

An electronic board at Hana Bank headquarters in central Seoul shows the benchmark KOSPI indices, Wednesday. Yonhap
Seoul stocks were trading higher late Wednesday morning, while investors kept a wait-and-see approach ahead of the earnings release from U.S. chip giant Nvidia.
The benchmark Korea Composite Stock Price Index (KOSPI) was trading up 51.04 points, or 0.76 percent, to 6,793.78 as of 11:21 a.m.
After opening lower, the index continued choppy trading as earnings from Nvidia are set to test the durability of the massive, global artificial intelligence (AI) infrastructure boom.
In Seoul, market top caps were trading mixed.
Samsung Electronics rose 0.97 percent, while industry rival SK hynix added 1.19 percent.
Top carmaker Hyundai Motor slid 0.36 percent, defense giant Hanwha Aerospace dipped 2.63 percent, and battery maker LG Energy Solutions added 0.14 percent.
The Korean won was quoted at 1,382.3 won against the U.S. dollar as of 11:21 a.m., up 0.4 won from the close of the previous stock trading session.
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