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Semiconductors and battery stocks drive gains as Korean markets brace for volatility
Korean equities continued rising on strength in semiconductors and battery stocks, but investors remain cautious as U.
Momentum in South Korea’s equity market remains centered on semiconductors and secondary battery stocks as both the KOSPI and KOSDAQ extended gains in the previous session. The KOSPI advanced 1.34 percent to 4,154.85, while the KOSDAQ edged up 0.33 percent to 927.79. Investor sentiment strengthened after LG Energy Solution signed a large supply contract with Mercedes-Benz, pushing EcoPro up over 21 percent intraday and EcoProBM higher by more than 8 percent.