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KOSPI surges 17.9%, Samsung and SK Hynix semiconductor stocks soar

Associated Press +1 ·

SKHY SK Hynix Inc ADR
$148.93 +17.46%
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  1. 1South Korea's KOSPI index closed up 17.9% at 6,695.45 on Friday, posting its largest-ever single-day gain.
  2. 2Samsung Electronics (005930.KS) jumped 28% and memory chipmaker SK Hynix (SKHY) surged 30%, leading the rally.
  3. 3The index rebounded after falling more than 17% over the prior three trading sessions, and Microsoft (MSFT) earnings that beat expectations served as a signal for AI-driven profits.

This 3-line summary is compiled from the report below.

Associated Press +1 View original ↗
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