Displays on the Korean Trade in Seoul’s Yeongdeungpo District present the closing figures for the KOSPI and KOSDAQ, Korea’s two principal inventory indexes, on Nov. 3, 2025. (Yonhap)
KOSPI smashed its file excessive for the second buying and selling day in a row on Monday, topping 4,200 factors for the primary time in historical past, a mere day after breaking the 4,100-point ceiling.
SK Hynix additionally reached an all-time excessive of 600,000 gained, whereas Samsung Electronics soared previous the 110,000 gained mark. The 2 largest South Korean semiconductor corporations by market cap are main a bull market that doesn’t appear to know when to cease.
The KOSPI closed at 4,218.65 Monday, skyrocketing 2.78% from the earlier buying and selling day. The surge of 114.37 factors was the second greatest in 2025, behind the 151.36 level surge on April 10. The market has been on the rise for 4 consecutive days.
The KOSPI market capitalization hit 3.47 quadrillion gained, leaping up 93 trillion gained from the earlier buying and selling day.
SK Hynix’s inventory worth rose 10.91% (61,000 gained) to complete buying and selling at 620,000 gained, seeing its market cap soar by roughly 43.68 trillion gained.
Samsung Electronics ended the day at 111,100 gained, rising 3.35% (3,600 gained), including 20 trillion gained to its market cap.
The mixed 63 trillion gained improve out there cap of the 2 shares accounted for 68.2% of the whole market cap improve on the KOSPI market.
Overseas traders, who piled investments of 1.31 trillion gained into South Korean shares on Oct. 31, made internet gross sales of 796.4 billion gained.
Institutional traders stabilized inventory costs by internet shopping for 185.4 billion gained value of shares on Monday, after beforehand promoting 1.1 trillion gained of shares.
A monitor within the Hana Financial institution buying and selling room exhibits the closing figures for the KOSPI, won-dollar alternate fee, and KOSDAQ, on Nov. 3, 2025. (Yonhap)
Market analysts ascribed this surge in inventory costs to development expectations fueled by SK Hynix and Samsung’s pledge to work with US AI chip designer Nvidia to construct semiconductor AI factories.
Inventory costs for Hyundai AutoEver, the Hyundai Motor Group entity specializing in system integration that’s anticipated to learn probably the most from this AI partnership, surged 11%.
SK Hynix noticed a reasonable rise of 4.5% over 4 buying and selling days from Oct. 27 to Oct. 31, beginning at 535,000 gained and ending at 559,000 gained. The surge of over 10% on Monday demonstrated its power as a number one inventory out there.
After Heungkuk Securities raised its goal inventory worth for SK Hynix from 550,000 gained to 750,000 gained, Korean safety corporations are rapidly following go well with, elevating their goal inventory costs to the 700,000 gained vary.
Whereas Samsung Electronics didn’t see as huge an increase as SK Hynix, it commandeered the eye of the market. Samsung Electronics has seen a day by day improve in shares exceeding 3% for 3 consecutive days. The rise over the previous 4 buying and selling days reached 11.7%.
Nvidia formally introduced its partnership with Samsung Electronics by a press launch on Friday, mentioning Samsung Electronics as a key supplier of high-bandwidth reminiscence (HBM3E and HBM4).
KB Securities acknowledged in a report printed the identical day that Samsung Electronics’ 2026 income will attain an unprecedented file of 376 trillion gained, whereas its working income will soar 108% to 82 trillion gained. It additionally raised the corporate’s goal inventory worth to 150,000 gained, estimating that it could find yourself because the main inventory within the trade.
Shinhan Securities and NH Funding & Securities have additionally adopted go well with, elevating Samsung Electronics’ goal inventory worth to 147,000 gained and 145,000 gained, respectively.
By Jeong Nam-ku, workers reporter
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