South Korea's KOSPI Ends Up 1.62% as KOSDAQ Jumps 5.88%
AI Market Summary
South Korean equities rebounded sharply: KOSPI closed up 1.62% after an intraday drawdown, while KOSDAQ surged 5.88% for a third straight gain and triggered a buyside program-trading halt, signaling intense risk-on flows. Large-cap moves were modest (SK Hynix +0.63%, Samsung +0.2%), while Japan's Nikkei edged higher with Kioxia up over 4%, supporting broader regional sentiment.
Impact level
● Medium
Affected assets
NCSIKOSPI2USD/USDT+1.33%
AI Insight · NCSIKOSPI2USD/USDTAI Insight
▲ Bullish
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Aug. 4 — Market data cited by Huo Xing Finance showed South Korean equities finished higher. The KOSPI closed up 1.62% at 6,358.95 after falling more than 2% earlier in the session. The KOSDAQ, South Korea's tech-heavy market, surged 5.88% for a third straight day of gains and triggered a buyside program-trading halt during trading. SK Hynix added 0.63% and Samsung Electronics rose 0.2%.
In Japan, the Nikkei 225 ended 0.32% higher at 63,957.53, with Kioxia climbing more than 4%.
