Seoul bourse heads higher despite Huang exit

by Ryu Yuna Posted : November 13, 2026, 09:34Updated : November 13, 2026, 10:15
SEOUL, November 13 (AJP) -South Korean stocks rose more than 2 percent despite the departure of Jensen Huang as CEO of Nvidia, whose exponential buildout and growth have helped lift Korean chip shares. The main KOSPI was up 2.45 percent at 5,471.53 and the junior KOSDAQ gained 2.34 percent to 713.24 as of 9:20 a.m.

Bellwethers SK hynix rose 2.87 percent and Samsung Electronics gained 2.28 percent to 212,300 won as investors were relieved of some uncertainty over the future of the premier AI chipmaker following the swift CEO replacement. On the main bourse, foreign buying came in full force with net purchases of 199.7 billion won while retail investors took the cue to sell, unloading a net 289.6 billion won.

Tags: KOSPI, KOSDAQ, SK hynix, Samsung Electronics, Nvidia, Jensen Huang