TradingKey – Japanese and South Korean stocks continued to rebound, with the KOSPI surging to trigger a buy-side program trading halt. The Nikkei 225 edged up, while SK Hynix soared nearly 9%, and Samsung Electronics and Kioxia both rose about 6%.

During the Asian trading session on July 15, Japanese and South Korean stock markets closed strongly higher. Notably, the South Korean stock market delivered an extraordinary performance, led by a frenzied rally in chip stocks. The KOSPI surged over 7% intraday, triggering a temporary 5-minute program trading halt, and ultimately closed up 6.24% to reclaim the 7,000 mark at 7,284.42 points; Samsung Electronics closed up 6.27% at 279,500 Korean won; SK Hynix rose 8.83% to return to the 2 million…