South Korean stocks posted their largest daily gain on record Friday, as a chip-led rebound and massive foreign buying lifted the Kospi by more than 1,000 point

South Korea’s Kospi index has jumped more than 16% as artificial intelligence-related stocks bounced back after losses this week.

Seoul stocks surged by double digits shortly after Friday's opening, triggering buy-side trading curbs on both the Kospi and Kosdaq indexes within minutes. As o