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Kospi nears 7,000 as chip rally drives fresh peak
May 4, 2026
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Posted 3 hours ago by
Seoul’s benchmark Kospi breached the 6,900 mark for the first time Monday, propelled by a record-setting rally in semiconductor stocks, as SK hynix’s market capitalization topped 1 quadrillion won (680 billion). The rally gathered momentum from the opening bell. The Kospi began the session 2.79 percent higher at 6,782.93, quickly surpassing its previous intraday high set Thursday.
The index surged more than 100 points within hours and climbed to an intraday peak of 6,937 near the end of daytime
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
Bias: center
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