
Asian Stocks Rally, Tech Sector Leads Gains as ASX and KOSPI Hit All-Time Highs
Asian stock markets experienced a significant rally, with the Australian (ASX) and South Korean (KOSPI) indices reaching all-time highs, driven by a strong rebound in the technology sector.
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Seoul stocks jump 3% on chip rally
South Korean stocks surpassed the 5,600-point mark for the first time ever Thursday, boosted by sharp gains in semiconductor and other blue-chip tech shares amid optimism about artificial intelligence. The local currency fell against the dollar. The benchmark Korea Composite Stock Price Index added 170.24 points, or 3.09 percent, to close at an all-time high of 5,677.25. The previous record high was set on Feb. 12, when the index closed at 5,522.27. After a three-day break for the Lunar New Year
By The Korea Herald
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