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Nikkei Reclaims 70,000, Samsung Jumps 4% to Lead Chip Stocks, SoftBank, Kioxia, Hynix Soar

Nikkei Reclaims 70,000, Samsung Jumps 4% to Lead Chip Stocks, SoftBank, Kioxia, Hynix Soar

TradingKey – Japanese and South Korean stock markets rallied across the board, with the Nikkei 225 Index reclaiming the 70,000-point threshold. Samsung Electronics surged more than 4%, while SK Hynix, SoftBank, and Kioxia also climbed.

During the Asian trading session on June 30, although Japanese and South Korean stock markets did not surge significantly, the session was marked by volatility. They opened higher this morning but dipped, before rebounding to strengthen and then experiencing a slight pullback in late trading. Specifically, the KOSPI Index rose 0.97% to close at 8,476.48 points, while the Nikkei 225 Index closed up 0.86%, returning to the 70,000-level to finish at 70,062.27 points.

kospi-6dbfc4e7e42f469a9c1bdd218369c3e0KOSPI Index chart, Source: TradingView

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