Asian Markets Soar as Korea’s KOSPI Hits New Record High

TradingKey – A dramatic rebound across Asian equities pushed Korea’s benchmark index to a fresh all-time high, as concerns over U.S.–China trade tensions eased.

On Wednesday, October 15, Asian stock markets reversed course and rallied broadly:

• Shanghai Composite Index closed up 46.98 points, gaining over 1%
• Hang Seng Index surged more than 500 points, rising nearly 2% to 25,940
• Nikkei 225 jumped 825.35 points, up almost 2%, closing at 47,672.67
• KOSPI Index led the region, climbing 95.47 points, up nearly 3% to 3,657.28, marking a new record high

KOSPI Index Chart – Source: Google.

Just a day earlier, Asian markets had slumped amid renewed trade war fears:

• Shanghai Composite fell 0.62%
• Nikkei 225 dropped 2.58%
• Hang Seng Index declined 1.73%

The sharp turnaround reflects growing optimism that diplomatic channels may ease tensions between Washington and Beijing, restoring investor confidence across the region.