Asian Shares Are Mixed, with Kospi up 3% After US Stocks Rally on Strong Earnings – WTOP News
Samsung and SK hynix each rose more than 7% as strong earnings and a Wall Street rally lifted tech buying, officials said.
- On Wednesday, Oct. 21, 2026, the Korea Composite Stock Price Index rebounded, gaining 3.4% by midday as technology stocks led the market recovery.
- This rally follows a volatile Tuesday, when South Korean AI company Elice spooked investors with a 32% drop during its first day of trading.
- Market bellwether Samsung Electronics jumped 7.09 percent, and its chipmaking rival SK hynix climbed 7.2 percent, signaling renewed investor confidence.
- Global sentiment strengthened after U.S. stocks closed mixed on Tuesday, with the Dow Jones Industrial Average rising 1.02 percent despite inflation concerns.
- While strong AI demand supports tech exports, analysts at Oxford Economics warn that high energy prices and interest rates may weigh on non-AI capital goods and overall growth.
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The Bakersfield Californian
World shares are mostly higher after US stocks rally on strong earnings
World shares are mostly higher following a broad rally on Wall Street. The Kospi in Seoul gained 3.3% after South Korean AI company Elice, whose 32% drop Tuesday in its first day of trading spooked markets, rebounded on Wednesday. Its…
The Asian bags closed without a single direction on Wednesday, with technology papers from Japan and South Korea advancing after a widespread discharge on Wall Street. Exclusive material for subscribers. To have full access, access the link of the material and register.
Lists in order scattered in Asia and Pacific after the first quarterly of the tech giants like SpaceX and Super Micro Computer. (ANSA)
Asian shares are mixed, with Kospi up 3% after US stocks rally on stro
Asian shares were mixed on Wednesday, with Japan and South Korean technology stocks advancing following a broad rally on Wall Street. The Kospi in Seoul gained more than 4% early on and by midday was trading up
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