Japanese and South Korean Stocks Rise in Early Trading, Kospi Gains Over 2%, SK Hynix Up Nearly 4%, Kioxia Surges Over 5%
On October 21, Japanese and South Korean stock markets rebounded in early trading, driven by strength in semiconductor leaders. The KOSPI opened 2.05% higher, and the Nikkei 225 Index gained 1.41%. Key advancers included Samsung Electronics, SK Hynix, Kioxia, and SoftBank Group. Meanwhile, overnight U.S. indices closed mixed, with gains in the Dow Jones and S&P 500, while the Nasdaq dipped slightly. Tech stocks showed divergent after-hours performance, highlighted by surges in SpaceX and Super Micro Computer, contrasted by a decline in Netflix.

TradingKey - On October 21, Japanese and South Korean stock markets rebounded in early trading, with both markets opening higher. The Korea Composite Stock Price Index (KOSPI) opened 2.05% higher at 5,666.34 points, before extending gains to 2.10% at 5,669.58 points; Japan's Nikkei 225 Index opened up 1.26% at 64,885.95 points, before expanding gains to 1.41% at 64,979.50 points.

Source: TradingView
South Korean semiconductor leaders strengthened in early trading, with Samsung Electronics gaining 2.72% to 217,500 won (approx. $164) and SK Hynix advancing 3.92% to 1.271 million won. In the Japanese market, Kioxia surged 5.18% to 13,820 yen (approx. $8), while SoftBank Group rose 3.56% to 4,716 yen.
Overnight, the three major U.S. stock indexes showed mixed performance. The Dow Jones Industrial Average rose 1.02% to 52,495.88 points; the S&P 500 Index gained 0.28% to 7,712.57 points; and the Nasdaq Composite Index dipped 0.02% to 26,424.82 points. Tech stocks diverged in after-hours trading, with SpaceX (SPCX) surging nearly 7%, Super Micro Computer (SMCI) jumping 11% after announcing preliminary results, while Netflix (NFLX) fell 5.6%.
This content was translated using AI and reviewed for clarity. It is for informational purposes only.
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