South Korea’s benchmark stock index, the Kospi, rose more than 1% to break above the 6,560-point level during trading, reaching an intraday high.
The index continued its upward momentum, later surpassing its previous session’s peak as market sentiment remained positive.
In a historic milestone, the combined market capitalization of all listed companies on the Kospi exceeded 6,000 trillion won for the first time, reflecting strong investor confidence in domestic equities.
Analysts noted that the rally was driven by improving corporate earnings expectations and resilient foreign investment inflows, despite ongoing global economic uncertainties.
The Kosdaq, South Korea’s technology-heavy secondary market, also advanced, breaking through the 1,210-point threshold during the same session.
Market observers attributed the broad-based gains to a favorable domestic policy environment and renewed optimism around earnings season, though caution persisted regarding external geopolitical developments and upcoming central bank decisions.
