KOSPI Sets New High above 9,300, Combined Market Cap Surpasses 8 Qln Won

AI Summary

South Korea's main stock index, the KOSPI, surpassed the 9,000-point mark during intraday trading on Thursday and closed at a record high of 9,063.84, up 2.25 percent. The breakthrough was driven by strength in semiconductor stocks, as investors dismissed concerns over the U.S. Federal Reserve's indication of potential rate increases.