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KOSPI Hits Record High as Samsung Tops $1 Trillion

AI-driven chip demand concentrated gains in a few giants.

Overview

  • South Korea’s benchmark, which closed Wednesday at 7,384.56, set a new record after touching above 7,400 during the session.
  • Samsung Electronics jumped about 14 percent to clear a $1 trillion market value after reporting a record first‑quarter operating profit of roughly 57.2 trillion won tied to AI memory demand.
  • Foreign investors bought a net 3.1 trillion won of shares, while institutions and individual investors sold on the day.
  • A five‑minute buy‑side “sidecar” halted program buying at 9:06 a.m. after futures spiked, following President Donald Trump’s pause of a Hormuz escort plan that eased regional risk.
  • The rally stayed narrow, with Samsung, SK Hynix and related chip stocks making up nearly half of the KOSPI’s total value, which also rose above 6 quadrillion won.