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Kospi Rises 0.31% on May 18 as Court Blocks Samsung Electronics Strike

GateNews

2026-05-18 08:41:47

According to Yonhap, South Korea’s Kospi rose 0.31% on May 18, rebounding from the previous session’s decline, as investors bought chip stocks including Samsung Electronics after a court partially blocked the company’s planned strike and wage talks resumed with its largest union.

Foreign investors sold a net 3.7 trillion won (US$2.45 billion) for an eighth consecutive session. Samsung Electronics shares climbed 3.88%, while SK hynix gained 1.15%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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