The Economic Times

Global Market: South Korean stocks pare gains as investors turn cautious ahead of Chuseok break

South Korean shares pared early gains on Wednesday as investors turned cautious ahead of the Chuseok holiday break. The KOSPI rose 0.16%, supported by chipmakers Samsung Electronics and SK Hynix after a US technology rally. However, foreign selling and weakness in automakers and other major stocks limited gains, while the won strengthened.