South Korean Stocks Hit Record High as Kospi Leads Mixed Asia Session

South Korean equities led Asian markets after trading resumed following a public holiday, with the Kospi Index rising to a record 8,131.15 before closing up 2.55% at 8,047.51, a gain of 199.80 points. The older report cited by Gate said the index had risen above 8,100 and was up 3.24% during the day, reflecting the stronger intraday move before the close. The Kosdaq also ended higher, gaining 0.98%. Elsewhere in Asia, trading was mixed: Japan’s Nikkei 225 fell 0.25% to 64,996.09 and the Topix edged lower, while Australia’s S&P/ASX 200 declined, Hong Kong’s Hang Seng rose, China’s Shanghai Composite slipped and CSI 300 gained, and India’s Nifty 50 was nearly flat. Markets also tracked comments from Donald Trump on Iran talks, uneven moves in Brent and West Texas Intermediate crude, and CME Group FedWatch data showing traders assigned an 8.5% probability of a July Federal Reserve rate hike.

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