Kospi Index Gains Extend. Samsung Electronics Shares Surge 10%, SK Hynix Rises 9.5%

TradingKey - Driven by the expressed willingness of the U.S. and Iran to end their conflict, Asia-Pacific equity markets rallied strongly today. After triggering a circuit breaker at the open, the KOSPI continued to expand its gains, with heavyweight technology stocks leading the market. Samsung Electronics surged 10%, while memory chip leader SK Hynix concurrently soared 9.5%.

Previously, SK Hynix's plan to raise $10 billion through the issuance of American Depositary Receipts (ADRs) in the U.S. also bolstered market confidence. If successfully implemented, the proceeds will primarily be used for the expansion of the Yongin site in South Korea and the layout of advanced packaging capacity, further strengthening its long-term competitiveness in the AI memory segment.

Institutions generally believe that the semiconductor industry remains in an upcycle, and valuations of South Korean tech stocks are expected to continue recovering. Investors should monitor upcoming earnings guidance, global wafer equipment delivery schedules, and the potential impact of geopolitical policy variables on the supply chain.