Driven by ongoing concerns over a shortage of memory chips, capital continued to flow into leading chip stocks, pushing the Korea Composite Stock Price Index (KOSPI) to soar as much as 4.3% during the session, reaching a new all-time high. SK Hynix saw its intraday gain on the Korea Exchange peak at 10%, making it the largest individual contributor to the KOSPI's rise. Samsung Electronics surged 6.7%, with its share price also hitting a new record high. The technology-heavy KOSPI has now accumulated an 85% gain year-to-date. Meanwhile, the small-cap Kosdaq index declined by 0.5%.
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