The Korea Times
KOSPI briefly rose above the 6,750 mark during intraday trading to set a new high Thursday, but later gave up some of its gains and finished lower. The benchmark index opened at 6,739.39, up 48.49 points, or 0.72 percent, from the previous close, and quickly climbed to 6,750.27, surpassing Tuesday’s intraday record of 6,712.73. It then turned downward in the afternoon and closed at 6,598.87, down 92.03 points, or 1.38 percent. Despite the late-session decline, KOSPI has maintained an upward trend in recent days, driven by strength in semiconductor shares after four major Big Tech companies reported stronger-than-expected first-quarter earnings. A day earlier, the benchmark had finished at a record 6,690.90, up 49.88 points, or 0.75 percent, marking its third straight session of record closing highs. While some have raised concerns that the index may be nearing a peak, the broader brokerage consensus still favors further gains, driven by semiconductor stocks. “Continued strength in the after-hours trading of three hyperscalers, excluding Meta, along with an upward revision of their com
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