Samsung Electronics on Tuesday announced another successful quarter, forecasting a third consecutive record operating profit, as demand for artificial intelligence chips continued to drive growing memory sales. But investors were not impressed. Following the forecast, Samsung shares fell as much as 10% before closing down 7%. The heavyweight stock dragged the Kospi to a loss
South Korea’s breakneck stock market rally has been rocked by wild swings in recent weeks, but Goldman Sachs says the recent turmoil has not changed its bullish outlook. South Korea was Asia’s best-performing stock market in the first half of 2026, with the benchmark Kospi index nearly doubling. But that rally has come under pressure