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South Korean shares soar after chip stock rout

BBC News·July 31, 2026
South Korean shares soar after chip stock rout

South Korean shares have experienced a significant surge after a three-day decline that resulted in substantial losses. The previous downturn wiped hundreds of billions of dollars off the country's stock market value, primarily affecting chip stocks. The recent rebound indicates a potential recovery for the market. South Korea's stock market is heavily influenced by the technology sector, particularly chip manufacturers.

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