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South Korean stocks hit fifth straight gain
South Korean stocks continued their rise for the fifth consecutive day, primarily supported by the electronics chip sector. The Kospi index increased by 137.64 points, or 1.58%, reaching 8,864.24 points, nearing the 9,000-point mark. The market saw buyings from individual and institutional investors totaling over 1.1 trillion won, while foreign investors sold net shares worth 992.3 billion won. The performance of major companies was mixed, with Samsung rising by 1.02%, while SK Hynix achieved a record high with a 5.84% increase.
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