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South Korea Stocks Rise On Chip Gains
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5.2
South Korean stocks rose more than 1 percent on Monday, March 16, with the KOSPI gaining 62.61 points to close at 5,549.85 amid heavy trading. Chipmakers led the advance—Samsung Electronics up 2.83% and SK hynix up 7.03%—as investors anticipated Nvidia's GTC and Micron earnings; foreigners sold a net 848.1 billion won and the won weakened to 1,497.5 per dollar.
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