Huo Xing Finance reports that on August 4, according to market data, the South Korean KOSPI index closed up 1.62% at 6,358.95 points, after falling more than 2% during trading; the KOSDAQ创业板 index closed up 5.88%, marking its third consecutive day of gains and triggering a buy-side program trading halt mechanism during the session; SK Hynix rose 0.63%, while Samsung Electronics increased 0.2%. The Nikkei 225 index closed up 0.32% at 63,957.53 points, with Kioxia rising over 4%.
KOSPI Index Rises 1.62% as KOSDAQ Surges 5.88%
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Summary
The Fear and Greed Index turned bullish as the KOSPI index rose 1.62% to 6,358.95 on August 4, recovering from an intraday decline of over 2%. The KOSDAQ surged 5.88%, marking a three-day winning streak and triggering a circuit breaker. On-chain data revealed strong inflows into Korean tech stocks, with SK Hynix up 0.63% and Samsung Electronics rising 0.2%. The Nikkei 225 gained 0.32% to 63,957.53, while Kioxia climbed over 4%.
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