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At close · Fri, Jul 31, 2026
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Home›US Markets›Indices›KOSPI posts its best-ever day as chip heavyweights sur…

KOSPI posts its best-ever day as chip heavyweights surge

The index rebounded sharply on Friday, driven by record gains in its major tech names tied to the global AI trade, MarketWatch reports.

Reported · Written up by our desk · Indices

South Korea’s Kospi logged its biggest rally ever on Friday, according to MarketWatch, with the benchmark climbing on the day thanks to outsized moves in major technology stocks.

The outlet said the surge was led by the market’s chip heavyweights, which helped lift the broader index to its best performance on record.

MarketWatch framed the move as significant for the global AI trade, pointing to how gains in South Korea’s top AI-linked firms can ripple through wider sentiment about semiconductor demand.

Latest closeKospi 5,593.56 ▼1.2%

← Newer storyUSD/JPY seen trading in 158 to 163 range despite muted yen move

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Sources

MarketWatchSouth Korea’s chip giants just logged their biggest rally ever. What it means for the global AI trade.
MarketWatchSouth Korea’s chip giants just logged their biggest rally ever. What it means for the global AI trade.

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