KOSPI rises 1.19%, KOSDAQ 3.15% as chip stocks rebound

Sep 30, 2026 06:35 (24d ago)

South Korea's KOSPI and KOSDAQ reversed early losses as Micron's results and outlook drove a rebound in chip-related shares.
The KOSPI rose 1.19% to 6,919.74 and the KOSDAQ gained 3.15% to 882.88 by 1:33 p.m.; Micron reported quarterly revenue of $54.23 billion.
South Korean semiconductor exports climbed 262.8% year over year to a record $60.3 billion in September, while elevated yields, oil prices and geopolitical tensions restrained regional sentiment.

South Korea's KOSPI and KOSDAQ reversed early losses on October 1, reaching 6,919.74 and 882.88 by 1:33 p.m. as Micron Technology's record fiscal fourth-quarter revenue and upbeat industry outlook lifted Samsung Electronics, SK hynix and semiconductor equipment shares. Semiconductor exports also reached a record $60.3 billion in September, while broader Asian gains remained constrained by elevated bond yields, energy prices and Middle East tensions.