The benchmark KOSPI climbed 1.70% to around 4,079 on Monday, recovering from last week’s three-month low as semiconductor stocks rallied on bargain hunting. Notable gains in Samsung Electronics (3.24%), SK Hynix (5.89%), and Hanmi Semiconductor (5.33%) helped propel the index higher. Additionally, investor sentiment received support from recent corporate developments. On Sunday, President Lee Jae Myung underscored his administration’s commitment to facilitating business activities during a meeting with senior executives from South Korea’s leading conglomerates. He pledged a comprehensive array of support measures for the corporate sector, including regulatory easing and the swift resolution of emerging challenges, while emphasizing the importance of sustaining strong domestic investment alongside the expansion of operations in the United States.
