Huo Xing Finance reports that on May 11, according to market data, major stock indices in Japan and South Korea opened at record highs. On Monday, May 11, the Nikkei 225 opened up 487.71 points, or 0.78%, at 63,201.36. The South Korean KOSPI index opened up 288.73 points, or 3.85%, at 7,786.73. Samsung Electronics rose over 5% and SK Hynix rose over 8% at the open, both reaching record highs.
Japan and South Korea stock indices rise as Samsung and SK Hynix reach new highs
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Summary
On May 11, Japan’s Nikkei 225 and South Korea’s KOSPI indices opened at record highs, reflecting a bullish market sentiment as indicated by the Fear & Greed Index. The Nikkei 225 rose 0.78% to 63,201.36, while the KOSPI climbed 3.85% to 7,786.73. Samsung Electronics and SK Hynix also reached new highs, gaining over 5% and 8%, respectively. Investors are closely monitoring altcoins as regional equity strength continues.
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