South Korea's stock market closed up more than 3%, breaking above 6,300 points for the first time, driven by buying in chip stocks.

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The South Korean stock market's composite index closed up more than 3%, surpassing 6,300 points for the first time, driven by investor optimism regarding the AI ​​business after Nvidia's better-than-expected earnings.

Date 26 Feb. 2569 South Korea's composite stock index closed up more than 3% today, breaking through the 6,300 point mark for the first time. Driven by investor expectations for artificial intelligence (AI) after Nvidia released better-than-expected earnings, the market was boosted.

South Korea Composite Stock Price Index (KOSPI) The market closed at 6,307.27 points, up 223.41 points or 3.67%.

Analyst It was stated that Nvidia's strong earnings boosted buying interest in technology stocks in the South Korean market, as chipmakers like Samsung Electronics and SK hynix are key players in the Nvidia-led AI value chain.

In addition, investors were boosted by the Bank of Korea (BOK) raising its 69 economic growth forecast by 0.2 percentage points to 2%, in response to strong chip exports.

Technology and automotive stocks led the market gains. โดยSamsung Electronics stocks It soared 7.13% whileSK Hynix shares It surged 7.96%.LG Electronics shares The stock price jumped 10.05% after Nvidia mentioned it as a potential Physical AI business partner.

partHyundai Motor shares It soared 6.47% andHyundai Mobis shares The affiliated auto parts company surged 12.67%, whileHyundai Electric (HD) stock Manufacturers of transformers and other electrical equipment increased by 4.32%.Samsung Biologics shares Leading biopharmaceutical companies gained 2.2%.

 

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