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2026.02.1302:09:02UTC+00Korean Shares Rise on Tech and Economic Recovery

The benchmark KOSPI edged up 0.36% to around 5,545 on Friday, extending its run at record-high levels, driven by strong semiconductor stocks and signs of continued economic recovery. The Ministry of Economy and Finance reported that firmer domestic demand—particularly consumer spending—along with solid export growth led by the semiconductor industry have underpinned the economy’s rebound for a fifth consecutive month.

Among major movers, Samsung Electronics gained 0.9%, HD Hyundai Heavy Industries advanced 1.1%, Mirae Asset Securities jumped 11.8%, and Woori Financial added 1.4%. In contrast, SK Hynix slipped 0.79%, LG Energy Solution declined 3.54%, and Hanwha Aerospace fell 2.65%, partially offsetting broader gains in the index.

HD Hyundai Heavy Industries climbed after the company’s 2025 net profit nearly doubled to KRW 3.67 trillion, reflecting a rebound in shipbuilding and stronger earnings from its affiliates.

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