SK Telecom is trading 4.34% up at $36.57, amid broader risk-on sentiment.
- It extends its August 12 close of $35.05, following a 4.10% gain.
- Softer U.S. inflation data, a flat July PPI reading, and rising expectations for steady Federal Reserve policy lifted major U.S. indexes; AI enthusiasm remains supportive after Nvidia and SK Group disclosed a $500 billion infrastructure partnership involving SK Telecom data centers.
- Recent second-quarter results and AI data-center expansion provide background support, but no separate August 13 company-specific announcement clearly explains the intraday move.