Bond.az White LogoBond.az Black Logo

KOSPI hits record high on chipmaker rally

South Korea's KOSPI index hit a record high, driven by chipmaker rally and AI stock demand. Samsung and SK Hynix surged.

Harper Clark
ByHarper Clark- Senior Editor
|
0

South Korea's KOSPI index hit a record high on Monday, fueled by a rally in chipmakers.

Investors piled into AI-linked stocks, tracking Wall Street gains.

The KOSPI climbed 3.6% to an all-time high of 8,131.15 points. Samsung Electronics and SK Hynix led the charge.

The index has surged over 90% in 2026. SK Hynix jumped 7%, Samsung rose nearly 3%.

Demand for high-bandwidth memory chips used in AI servers remains strong. Nvidia's results boosted Asian tech stocks.

South Korea's semiconductor exports continue to grow. Easing Middle East tensions and US-Iran talks improved risk sentiment.

More News
Today / 02:04
|
216

ASX shares slide 10% on higher spending, capex guidance

ASX shares fell over 10% after the company raised spending and capex guidance for technology upgrades and regulatory remediation.

0
Today / 01:33
|
464

Oil up, stocks mixed after US new strikes

Oil prices up, stocks mixed as US strikes on Iran dampen peace hopes. Brent crude above $97. Markets cautious amid geopolitical tensions.

0
Today / 01:32
|
431

Sombr and 'Golden' Win at American Music Awards

Sombr and 'Golden' win at American Music Awards. Read more on Bond.az.

0
Today / 01:02
|
784

Samsung non-chip union files injunction to stop bonus vote

Samsung non-chip union files injunction to stop bonus vote. The union represents 13,000 workers from non-semiconductor divisions.

0
Today / 00:31
|
965

SpaceX IPO: Biggest Debut in Years

SpaceX IPO attracts attention, but recent big IPOs often lag the S&P 500. Analysis and outlook for investors.

0
Yesterday / 22:02
|
255

Colombia stocks rise: COLCAP up 2.37%

Colombia stocks closed higher on Monday, with the COLCAP up 2.37%. Industrials, Services and Agriculture sectors drove gains.

0
Yesterday / 22:01
|
715

Mexico stocks lower at close

Mexican stocks closed lower on Monday, dragged down by Industrials and Consumer sectors. S&P/BMV IPC fell 0.11%.

0
Yesterday / 21:02
|
869

Canada Stocks Hit New Record High

Canadian stocks hit a new record high as S&P/TSX Composite gains 1.04%. Materials and tech sectors lead. Details on Bond.az.

0
Yesterday / 20:31
|
448

Ferrari Luce: 5-Seat EV Launched

Ferrari launches Luce, its first 5-seat electric car with over 1000 hp, 500km range, priced at €550,000. Deliveries start Q4 2026.

0
Yesterday / 19:01
|
400

EU planning huge fine on Google

The European Union plans to fine Google a high triple-digit million euro sum for DMA violations, the largest fine under the Digital Markets Act.

0
Yesterday / 16:33
|
322

Portugal stocks higher: PSI up 0.62%

Portugal stocks closed higher on Monday with the PSI up 0.62%. Financials, industrials, and consumer goods sectors led the gains.

0
Yesterday / 16:32
|
605

Spain stocks rise: IBEX 35 up 2.24%

Spain stocks closed higher on Monday with the IBEX 35 up 2.24%, hitting a 1-month high. BBVA, Santander, and ICAG led gains. Read more on Bond.az.

0
...
KOSPI hits record high on chipmaker rally | Bond.az