Brief by Shorts91 Newsdesk / 05:35am on 28 Apr 2026,Tuesday International
South Korea has overtaken the United Kingdom to become the world’s eighth-largest stock market, driven by a strong rally in artificial intelligence-linked chipmakers like Samsung Electronics and SK Hynix. Korea’s market capitalisation has surged over 45% this year to $4.04 trillion, surpassing the UK’s $3.99 trillion. The rise reflects global investor focus on AI supply chains, with chip giants dominating benchmark indices. Pro-market reforms under President Lee Jae Myung have also supported gains. The shift mirrors Taiwan’s surge and signals a structural rebalancing of global equities toward AI-driven Asian markets. (PC: CNBC)
