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South Korea’s benchmark Kospi index tops 6,000 for first time

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The Kospi passed the threshold in the opening minutes of trading, lifted by gains from South Korean chip giants Samsung Electronics and SK hynix.

SEOUL: South Korea’s benchmark Kospi index topped 6,000 points for the first time on Wednesday, buoyed by the strong performance of the nation’s world-leading semiconductor industry.

The Kospi passed the threshold in the opening minutes of trading, lifted by gains for South Korean chip giants Samsung Electronics and SK hynix.

Both firms boasted record profits earlier this year, riding surging demand for the technology powering artificial intelligence.

Tags:AIbenchmarkchipsKospipointsSamsung ElectronicssemiconductorsSK HynixSouth Korea


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