The South Korean KOSPI index closed up 374.1 points, or 6.63%, at 6,012.44, reclaiming the 6,000 level for the first time in 10 trading days. SK Hynix rose nearly 11%, and Samsung Electronics gained about 9%. The Japanese Nikkei 225 index closed up 685.82 points, or 1.08%, at 63,954.19, with semiconductor stocks leading the gains; Kioxia rose nearly 14%.
KOSPI and Nikkei 225 Rise, SK Hynix Surges 11%
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Summary
The Fear and Greed Index showed a shift as the KOSPI closed up 6.63% at 6,012.44, reclaiming the 6,000-point resistance level after 10 trading days. SK Hynix surged nearly 11%, while Samsung Electronics rose about 9%. The Nikkei 225 increased 1.08% to 63,954.19, with Kioxia up nearly 14%. Chip stocks led the gains in Japan.
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