Korean stocks rose for the fourth consecutive session to close over the 8,200-point mark, a new peak, on Wednesday, driven by a strong rally by Samsung Electronics and SK hynix.

The benchmark Kospi crossed the 8,400 mark for the first time on Wednesday, rising nearly 5 percent in early trading on the back of strong foreign and institutional buying.

South Korean stocks rose for the fourth consecutive session to a new peak of over the 8,200-point mark Wednesday, driven by a strong rally by Samsung Electronic