# Kospi Surges 3.6% as AI Rally Revives Korean Stocks

2026-08-13T02:57:09+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

South Korea’s Kospi jumped 3.6% on Thursday, with NDTV Profit reporting a 3.75% rise, as technology shares rallied after softer US inflation reduced fears of an immediate Federal Reserve rate hike. Samsung Electronics and SK Hynix each rose nearly 5% or more. The index has gained about 22% from its July 30 low, entering a technical bull market after a 22% fall in July. The Hindu BusinessLine reports that renewed confidence in global AI spending, lower margin-related stress and curbs on leveraged ETFs helped steady trading. Yet the Kospi remains about 25% below its late-June peak, while foreign investors have withdrawn more than $100 billion this year. Analysts cited by the paper caution that the rally needs firmer AI demand and stable US rates.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/asian-stock-markets-today-kospi-rises-3-75-as-tech-shares-rally-11902688>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/can-the-kospi-bull-run-last-korean-stocks-jump-22-in-10-days-on-ai-rally/article71340002.ece>

Tags: Asian stocks, Federal Reserve, Kospi, Oil prices, tech rally, US inflation
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