The South Korea stock market is expected to open higher on Monday after back-to-back gains, with the KOSPI nearing the 3,170-point mark. The positive trend is driven by an improved global outlook for interest rates. On Friday, the index closed 0.86 percent higher at 3,168.73, with mixed performances from tech and industrial stocks. Among active stocks, Samsung Electronics climbed 1.13 percent, while Lotte Chemical plummeted 5.86 percent. In the U.S., major indices surged on Friday as investors reacted positively to Federal Reserve Chair Jerome Powell’s speech, increasing confidence in a rate cut next month. Oil prices rose slightly on Friday.

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