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Sellers have a good time in entrance of an digital buying and selling board at Hana Financial institution’s headquarters in central Seoul, Thursday, because the benchmark KOSPI briefly crossed the historic 5,000-point mark. The index opened 1.57 p.c greater from the day past at 4,987.06 factors and shortly climbed to five,002.88 factors, surpassing 5,000 for the primary time. It reached an intraday excessive of 5,019.54 factors, however later pale, retreating to shut at 4,952.53 factors. Yonhap
The benchmark KOSPI surged previous 5,000 factors throughout intraday buying and selling on Thursday, reaching a historic excessive 46 years after the index’s baseline was set at 100.
The principle index bought off to a robust begin, rising 1.57 p.c to open at 4,987.06 factors and shortly climbing to five,002.88 factors.
It reached an intraday excessive of 5,019.54 factors and fluctuated between 4,900 and 5,000 all through the day, earlier than in the end closing at 4,952.53 factors, up 42.6 factors — or 0.87 p.c — from Wednesday.
The KOSPI hit the 5,000-point milestone largely on the again of semiconductor shares, specifically Samsung Electronics and SK hynix, amid the bogus intelligence (AI) increase, with positive aspects spreading to robotics shares for Hyundai Motor, which is main the best way in bodily AI.
Overseas and institutional buyers had been internet patrons of greater than 298 billion received ($202.7 million) and 102 billion received in shares, respectively, offsetting the 156 billion received in internet promoting by retail buyers.
The shopping for spree has contributed to a cumulative achieve of 14.9 p.c for the reason that begin of the 12 months, following a 75.6 p.c surge in 2025 — the strongest efficiency amongst main world markets.
The KOSPI has continued to outperform main friends in 2026, with the Dow Jones Industrial Common and S&P 500 up 1.43 p.c and 0.25 p.c, respectively, whereas the Nasdaq has declined 0.4 p.c as of Wednesday (native time).
This unprecedented milestone displays a long time of progress for the reason that market’s baseline was established on Jan. 4, 1980.
It took greater than 9 years for KOSPI to surpass 1,000 factors (March 31, 1989) and about 18 years to achieve 2,000 factors (July 25, 2007), delayed by the late Nineteen Nineties monetary disaster, the dot-com bubble, and different home and exterior shocks.
The index crossed 3,000 factors on Jan. 7, 2021, buoyed by the COVID-19 stimulus bundle, however fell beneath that stage in the course of the postpandemic interval earlier than surging to 4,000 factors on Oct. 27, 2025.
The 5,000-point milestone distinguishes itself from earlier 1,000-point thresholds because of the fast tempo of its ascent, because it was reached lower than three months after breaking 4,000 factors.
The Ministry of Financial system and Finance stated it’ll proceed efforts to modernize and revitalize the inventory market till Korea overcomes the so-called “Korea low cost,” which refers back to the undervaluation of home shares in contrast with world friends.
As for the outlook, analysts stated the KOSPI could proceed its upward momentum, sustained by the AI increase.
Samsung Electronics rose 1.87 p.c to 152,300 received per share on Thursday, whereas SK hynix climbed 2.03 p.c to 755,000 received.
Collectively, they presently account for greater than 30 p.c of the KOSPI’s 4,000 trillion received market capitalization, up 25 p.c from final 12 months.
“They’re apparently behind the cash flowing into the KOSPI,” stated Jung Eui-jung, head of the Korean Stockholders’ Alliance.
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