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Kospi Closes at Record 4,309 as Chip Giants Power New Year Surge

Foreign buying tied to stronger chip earnings expectations drove a concentrated rally in Seoul.

Overview

  • Samsung Electronics jumped 7.17% to 128,500 won and SK hynix rose 3.99% to 677,000 won, with both hitting record highs.
  • Foreign investors were net buyers of 644.68 billion won, while individuals and institutions sold 454.43 billion won and 233.37 billion won, respectively.
  • The main board’s market capitalization exceeded 3,500 trillion won for the first time.
  • 2025 exports reached a record $709.7 billion, the won edged weaker to 1,441.8 per dollar at the close, and government bond yields eased slightly.
  • Strategists remain divided on whether the index can reach 5,000 this year, with major houses forecasting a 3,750–5,500 range and flagging AI and currency risks.