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Kospi reaches all-time high driven by strong AI shares, renewed cease-fire optimism in Iran
Shares rebounded to a fresh all-time high on Friday, driven by strong gains in AI-related shares and renewed optimism about a potential cease-fire in Iran.
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Kospi surpasses 8,400 points for first time, triggers buy-side sidecar
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.
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Kospi closes at another new peak thanks to extended chip rally
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.
