South Korea's KOSPI Rallies 18%, Its Best Day Ever: SK Hynix Jumps 30%
The KOSPI closed up 17.91% on July 31, its largest one-day gain on record, as SK Hynix hit its first limit-up and Samsung rose 26.81%. Here is what drove it
South Korea's big stock market had its biggest single day of gains ever, with computer chip companies like SK Hynix and Samsung jumping way up. When a whole country's stock market jumps this much at once, it usually means investors suddenly feel more hopeful about the future—but big one-day moves can swing back, so it's worth watching what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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