South Korean shares reached a record high on Tuesday. Chipmakers saw gains due to optimism surrounding Micron Technology’s upcoming results. Celltrion’s shares surged following its acquisition of a US factory from Eli Lilly. Samsung Electronics and SK Hynix also experienced increases. Foreign investors were net buyers of Korean shares. The Korean won weakened slightly against the dollar.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets