South Korean Shares Hit All-Time High on AI-Led Chipmaker Rally
Samsung Electronics and SK Hynix led gains as retail investors bought 1.2 trillion won and the KOSPI briefly triggered a trading curb.
- South Korean stocks hit a fresh record high on Monday, May 11, 2026, with the Korea Composite Stock Price Index breaching the 7,700-point mark, driven by an extended rally in blue-chip semiconductor shares.
- Friday's gains on Wall Street drove the surge, as chip and artificial intelligence shares climbed; Micron Technology soared 15.49 percent and AMD jumped 11.44 percent.
- In Seoul, market top-cap Samsung Electronics surged 5.21 percent, while rival SK Hynix skyrocketed 8.54 percent, as retail investors made net purchases totaling 1.2 trillion won.
- Despite geopolitical uncertainty regarding the United States-Iran peace deal, the market outperformed regional peers; Japan's Nikkei and Taiwanese stocks rose less than 1 percent.
- Kiwoom Securities analyst Han Ji-young warned that "short-term volatility can grow in semiconductor stocks" as profit-taking pressure rises among all investor groups.
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Business TimesSouth Korean shares hit all-time high on AI-led chipmaker rally
SEOUL: South Korean shares hit record highs on Monday (May 11), as chipmakers extended gains amid optimism over artificial intelligence, bolstered by a rally in US peers and upbeat data.The benchmark Kospi rose as much as 5.05 per cent in early trade to an all-time high of 7,876.60 in morning trade. During th
KOSPI opens at fresh high on chip rally amid woes over breakdown of peace deal
Korean stocks opened at a fresh record high Monday, easily breaching the 7,700-point mark, boosted by an extended rally of blue chip semiconductor shares, despite woes over the U.S.-Iran peace deal at the risk of rupture. The benchmark Korea Composite Stock Price Index (KOSPI) opened at a fresh high of 7,775.31, up 277.31 points, or 3.7 percent. The index nearly breached the 7,500-point threshold Friday, closing at a fresh peak of 7,498 points a…
Breaking News: KOSPI Surpasses 7,800 Immediately After Opening, Sets New Record High
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