Seoul: South Korean stocks extended their winning streak to the third straight day Wednesday as investors awaited the third-quarter earnings of U.S. AI chip giant Nvidia. The local currency remained unchanged against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 10.34 points, or 0.42 percent, to close at 2,482.29. According to Yonhap News Agency, trade volume was moderate at 400.3 million shares worth 7.7 trillion won (US$5.53 billion), with gainers closely outpacing losers 435 to 420. Foreigners and individuals offloaded a net 187 billion won and 84.7 billion won, respectively, while institutions scooped up a net 170.7 billion won. Foreign investors remained net sellers for the ninth consecutive session. Overnight on Wall Street, the tech-heavy Nasdaq composite index finished more than 1 percent higher, led by hopes for Nvidia's quarterly results the following day.
Seoul Stocks Climb for Third Consecutive Day as Investors Anticipate Nvidia Earnings.
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