Seoul shares end higher on institutional buying amid AI investment concerns

Seoul shares ended higher Monday, supported by institutional buying, as investors weighed concerns over whether heavy spending on artificial intelligence infrastructure would generate sufficient returns. The Korean won was trading higher against the US dollar. After opening 3.17 percent lower, the benchmark Korea Composite Stock Price Index reversed course to close up 99.96 points, or 1.76 percent, to 5,768.01, after falling as low as 5,488.41. Institutions bought a net 574.66 billion won ($432

Source: The Korea Herald