Lates News

Kiwoom Securities analyst Han Ji-young said on Friday that as Broadcom's performance failed to meet the expectations of some investors, it prompted traders to take profits after the recent strong rally in US tech stocks. South Korean chip stocks are taking a breather after experiencing a significant price increase. "The recent market pullback is not being driven by fundamental factors such as company earnings. Instead, it appears to be a consolidation after a rapid market rally," Han added.