Seoul shares sharply up late Wed. morning on AI-driven tech rally
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South Korean stocks traded sharply higher over the 8,400-point level late Wednesday morning, driven by renewed optimism for tech shares related to artificial intelligence (AI). After starting 2.42 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended gains to 356.24 points, or 4.43 percent, to 8,403.75 as of 11:20 a.m. Overnight on Wall Street, AI-fueled optimism pushed up the S&P 500 and Nasdaq to hit record closing highs, offsetting concerns that U.S. strikes on Iran
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