Due to optimistic expectations for the Asia-Pacific Economic Cooperation (APEC) meeting, South Korea's benchmark stock index has surpassed 4,000 points for the first time

Zhitong
2025.10.27 07:39

Driven by optimistic sentiment from trade negotiations between South Korea's two major trading partners, South Korea's benchmark stock index has broken through the 4,000-point mark for the first time. On Monday, the benchmark index KOSPI closed up 101.24 points, an increase of 2.57%, closing at 4,042.83 points, setting a new historical high. "Ahead of the 'super week' filled with significant events, including the APEC meeting, various positive news is continuously boosting market confidence," said Lee Kyoung-min, an analyst at Daishin Securities. The APEC meeting refers to the annual summit of the Asia-Pacific Economic Cooperation. Among the weighted stocks in the index, chip manufacturer Samsung Electronics rose 3.24%, while its peer SK Hynix saw an increase of 4.90%, both reaching historical highs. Foreign investors net purchased 647.2 billion won worth of South Korean domestic stocks on that day. This year, thanks to President Lee Jae-myung's market reforms promoted under the "KOSPI 5000" initiative and the global AI boom driving a positive outlook for the semiconductor industry, the KOSPI index has continued to rise. As of 2025, the KOSPI index has accumulated a 68% increase, outperforming major stock indices on Wall Street in the United States and other major Asian markets such as Japan. The electronics and electrical sector, including chip-weighted stocks, has seen an increase of over 100% this year, while the market capitalization of the securities company sector has more than doubled