Seoul stocks open higher on Wall Street gains, renewed AI optimism

김은정

2026-10-27 09:04:20

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Financial data is shown on a screen in the dealing room of Hana Bank in central Seoul after the market closed on Oct. 26, 2026. (Yonhap)

SEOUL, Oct. 27 (Yonhap) -- South Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street, as renewed optimism over artificial intelligence (AI) and easing oil prices lifted investor sentiment.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 189.18 points, or 3.46 percent, to 5,658.65 at the opening bell.

Overnight, the Dow Jones Industrial Average gained 0.28 percent, while the S&P 500 advanced 0.7 percent and the tech-heavy Nasdaq Composite climbed 0.82 percent.

Investor sentiment improved after AI startup Anthropic disclosed strong revenue growth in its U.S. initial public offering (IPO) filing, reigniting enthusiasm for AI-related stocks ahead of major tech earnings and the Federal Reserve's interest rate decision.

Oil prices also retreated on hopes of easing tensions in the Middle East, following reports of Qatari mediation efforts involving Iran and the United States.

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