KOSPI tops 7,900 intraday for first time as chip stocks lift index to 7,953

The KOSPI crossed the 7,900 mark intraday for the first time on the morning of the 12th. According to mk.co.kr, as of 9:06 a.m., the index was up 132.24 points, or 1.6%, from the previous session and had risen as high as 7,953 during trading. The report said gains in semiconductor stocks helped lift the index even as tensions in the Middle East escalated again. The higher start is notable because chip shares led the market’s direction despite continued external uncertainty. The original report focused on early-morning intraday figures and the stated driver of the rise, without providing a closing level or additional outlook. Source: mk.co.kr