South Korean stocks reached an eight-month high on Monday, driven by strong gains in tech blue-chips and US jobs data that suggests a slowing economy. This increases the likelihood of the Federal Reserve easing its monetary tightening. The Korea Composite Stock Price Index rose by 0.87% to close at 2,512.08, the highest since August 17 last year. Tech blue-chips, such as Samsung Electronics and SK hynix, helped drive up the Kospi.
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