Japanese and South Korean Stock Markets Soar, South Korea's KOSPI Index Hits All-Time High

BlockBeats News, January 5th: The Japanese and South Korean stock markets surged today. The Nikkei 225 Index closed up 1493.32 points on January 5th (Monday), a 2.97% increase, at 51832.80 points, with chip and heavy industry stocks leading the gains.

The South Korean KOSPI Index closed up 147.89 points on January 5th (Monday), a 3.43% increase, at 4457.52 points, reaching a record high. Chip and defense stocks led the gains; Samsung Electronics rose by 7.47%, marking its largest single-day gain since March 24, 2020. (FX Street)