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The KOSPI closed at 7,844.01 on May 13, 2026, up 200.86 points or 2.63 percent, after opening 1.69 percent lower. Investors bought semiconductor and auto stocks amid expectations for the upcoming U.S.-China summit, even as U.S. inflation data and oil prices rose. President Lee Jae Myung clarified comments on AI profit redistribution.
South Korean stocks rebounded sharply on May 13, 2026, closing above the 7,800-point mark as investors scooped up semiconductor and auto shares. 63 percent. 69 percent lower before reversing course.
15 on May 12, ending a five-session bullish run driven by tech stocks. 4 billion. Losers outnumbered winners by 599 to 281.
7 trillion won. 7 trillion won. U.S. inflation in April rose at the fastest pace in nearly three years while oil prices climbed back above US$100 per barrel amid fading hopes for a Middle East peace deal.
-China summit could help ease concerns over the Iran conflict. Market sentiment also improved after the prime minister and finance minister called on Samsung Electronics' management and labor to resume talks to resolve their dispute over a pay raise and bonus payments. The two sides had failed to narrow differences in overnight mediation talks.
"Eased risks at home and abroad helped the KOSPI turn around," Lee Kyung-min, an analyst at Daishin Securities, said. 79 percent to close at 284,000 won. 98 million won.
03 million won. 65 percent to close at 197,500 won. 54 percent to close at 160,100 won.
68 percent to close at 873,000 won. 04 percent to close at 152,000 won. 45 percent to close at 190,500 won.
U.S. m. 9-won level during the day. 635 percent.
853 percent. President Lee Jae Myung said in his social media that his chief policy adviser's recent viral post about redistributing profits from the AI boom was about a review of distributing surplus tax revenue, not a new levy on corporate profits.
On May 12, remarks by Seoul's presidential policy chief Kim Yong-beom on profit sharing of tech companies in the AI era had weighed down on investor sentiment.
The dealing room at Hana Bank in Seoul captured the market activity on May 13, 2026.
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