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Kospi Leads Asian Markets; Samsung Electronics, SK Hynix, Kioxia Rise

Kospi Leads Asian Markets; Samsung Electronics, SK Hynix, Kioxia Rise

TradingKey – In the early Asian session on June 24, Japanese and South Korean stock markets saw a technical recovery after yesterday’s sharp sell-off. South Korea’s KOSPI index opened at 8,356.79 points, up about 1.86% from the previous trading day’s close of 8,203.84 points; as of press time, the KOSPI stood at 8,543.68 points, up 4.14%. The Nikkei 225 index opened at 69,615 points, down about 0.31% at the open, and was at 69,691.12 points as of press time, down 0.18%.

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KOSPI Index Performance, Source: TradingView

In terms of individual stocks, South Korean semiconductor leaders rebounded significantly after yesterday’s plunge. As of press time, Samsung Electronics rose over 7% to 332,000 won; SK Hynix climbed about 3.8% to 2.653 million…

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