Story perspectives

South Korean Stocks Surge on AI Optimism and Tax Cuts

11/10/2025

35 4

Summary

Story summary

On November 10, 2025, South Korean stocks rose over 2%, with the KOSPI reaching 4,056.83, fueled by optimism in artificial intelligence and potential dividend tax cuts.
Nvidia's CEO confirmed strong demand for AI chips, alleviating investor concerns.
Samsung Electronics and SK Hynix gained 2.15% and 4.66%, respectively, while the financial sector anticipated a proposed 35% cap on dividend taxes.
Foreign investors bought nearly 50 billion won in local shares, boosting market confidence and strengthening the won by 0.53% against the dollar.

1 of 1

Story summary

On November 10, 2025, South Korean stocks rose over 2%, with the KOSPI reaching 4,056.83, fueled by optimism in artificial intelligence and potential dividend tax cuts.
Nvidia's CEO confirmed strong demand for AI chips, alleviating investor concerns.
Samsung Electronics and SK Hynix gained 2.15% and 4.66%, respectively, while the financial sector anticipated a proposed 35% cap on dividend taxes.
Foreign investors bought nearly 50 billion won in local shares, boosting market confidence and strengthening the won by 0.53% against the dollar.