South Korea’s KOSPI Jumps 6.6% as Samsung, SK Hynix Rally

South Korean stocks surged on Oct. 28, with the KOSPI up 6.6% as Samsung Electronics shares rose 9.5% and SK Hynix climbed 10%, making the session a major Asia market move relevant to global risk sentiment. The company share gains outpaced the index advance. Samsung’s increase was 2.9 percentage points above the KOSPI’s move, while SK Hynix’s gain exceeded it by 3.4 points. Among the three percentage changes, SK Hynix led with a 10% rise, ahead of Samsung at 9.5% and the KOSPI at 6.6%. The gap between the two company moves was half a percentage point.

Source: TokenPost