The South Korean KOSPI index surged 4.4% to close at 7,096.89 points on Thursday [1].
This recovery marks a significant return to the 7,000-point threshold after five trading days of volatility. The jump indicates a strong appetite for South Korean technology assets even as other global equities faced downward pressure from rising oil prices.
The KOSPI gain represented an increase of 299.19 points over the previous close [2]. Simultaneously, the KOSDAQ index rose 5.22% to finish at 790.28 points [1].
Market analysts said the rally was due to aggressive activity from international investors. Foreign investors bought approximately 5.6 trillion won of Korean stocks over a four-day period [1]. This influx of capital provided the necessary momentum to push the primary index back above the psychological 7,000-point barrier.
Major semiconductor companies led the upward trend. Shares of Samsung Electronics and SK Hynix each rose between four% and five% [1]. The strength of these chipmakers acted as a buffer against the broader global economic headwinds that impacted other markets this week.
Reporting on the closing figures, YTN reporter Ryu Hwan-hong said, "The KOSPI started at the 6,900 level, up 2.4%, and closed at 7,096.89, up 4.4%" [1].
“The KOSPI index surged 4.4% to close at 7,096.89 points.”
The rapid reclamation of the 7,000-point level suggests that foreign investors view South Korean semiconductor giants as a safe haven or high-growth bet despite fluctuating energy costs. By decoupling from a general global equity drop, the KOSPI is demonstrating a heavy reliance on the AI-driven chip sector to sustain its market valuation.
