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Seoul Composite Index Extends Gains to 2% Intraday

South Korea’s Seoul Composite Index (KOSPI) rose 2% intraday on Thursday, extending its rally amid broad market gains. The advance was driven by tech and battery shares, with investors shrugging off global trade concerns. Further details on the index’s composition and individual stock movers were not immediately available.

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AI take

The KOSPI's 2% intraday gain, led by tech and battery names, signals renewed risk appetite in a key Asian market despite lingering trade headwinds. That investors are looking past global trade concerns suggests sector-specific momentum may be outweighing macro fears, at least for now. The absence of detail on individual movers leaves the breadth of the rally unclear, so whether this strength is concentrated or broad-based will be the key test. Watch if tech and battery leadership can hold in the coming sessions, as that will indicate if the advance has legs beyond today's sentiment.

Generated by AI for reference only.

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