According to Jin10, the benchmark index gained 338.12 points, while chipmaker SK Hynix rose 12.5% to a record closing high on May 4.
South Korea’s KOSPI climbed 338.12 points, or 5.12%, to a record 6,936.99, according to Jin10. SK Hynix, a major South Korean semiconductor company, closed 12.5% higher at a record high on May 4. The move points to strong momentum in South Korean equities, with semiconductor shares providing notable support to the benchmark index.