Following the pace of the US stock market, the South Korean stock market is rising.

On Wednesday, the South Korean stock market rose, following the recent upward trend in the US stock market. The KOSPI rose by 19.04 points, or 0.55%, to 320.61 points. Out of a total of 932 traded stocks, 329 went up. Foreign investors were net buyers of 2.874.15 billion Korean won. In heavyweight stocks, Samsung Electronics rose by 1.05%, SK Hynix rose by 3.25%, and battery manufacturer LG Chem rose by 0.13%. Hyundai Motor rose by 0.70%, Kia Motors rose by 1.08%; steel manufacturer POSCO fell by 0.33%, while pharmaceutical company Samsung Biologics rose by 1.08%. In terms of potential impact on investor sentiment, former first lady Kim Jeong-sik was arrested on suspicion of embezzlement and bribery after a court issued an arrest warrant on Tuesday night. Kim Jeong-sik denied the allegations. The exchange rate was 1383.3 Korean won to the US dollar, a decrease of 0.05% from the previous day's closing rate of 1384.0. The three-year government bond futures rose by 0.03 points to 107.39. The yield on the benchmark three-year government bond was 2.423%, lower than the previous day's closing rate of 2.430%. The yield on the benchmark 10-year government bond rose by 0.2 basis points to 2.809%.