South Korea's KOSPI recovered early losses to finish higher on Monday, rallying more than 1% intraday after an initial drop near 2% amid Wall Street weakness and concerns about large AI-related corporate spending. October exports nearly doubled YoY, the largest gain in over 50 years, led by stronger chip shipments tied to global AI investment; Kiwoom Securities said the market looks oversold while fundamentals and earnings prospects are improving, and the export beat increases the chance of upwa

South Korea's KOSPI recovered early losses to finish higher on Monday, rallying more than 1% intraday after an initial drop near 2% amid Wall Street weakness and concerns about large AI-related corporate spending. October exports nearly doubled YoY, the largest gain in over 50 years, led by stronger chip shipments tied to global AI investment; Kiwoom Securities said the market looks oversold while fundamentals and earnings prospects are improving, and the export beat increases the chance of upward revisions to consensus earnings. A separate survey showed manufacturing activity slowed to an eight-month low on weaker output and demand. South Korea's Lee pledged bold AI investment to raise growth potential.