South Korea's KOSPI Index Breaks 9,000 for the First Time

BlockBeats News, June 18th, according to Bitget market data, driven by optimism around artificial intelligence, chip stocks surged. The South Korean KOSPI index rose sharply on Thursday, up 1.54% at one point, breaking through the 9,000 point level for the first time, reaching a new all-time high.

Among them, heavyweight stocks Samsung Electronics rose by over 2%, and SK Hynix rose by over 5%.

In the AI-driven global market rally, the Korean stock market has become one of the best-performing markets worldwide. So far this year, the KOSPI index has surged by 114%, compared to a full-year increase of 76% last year.