The South Korea stock market has finished higher in five straight sessions, surging more than 1,225 points or 16.9 percent in that span. Now at a fresh record closing high, the KOSPI sits just above the 7,820-point plateau although investors may cash in on Tuesday. The global forecast for the Asian markets is mixed with a touch of upside as ambiguity continues to reign in the Middle East. The European markets were mixed and the U.S. bourses were slightly higher and the Asian markets figure to split the difference. The KOSPI finished sharply higher on Monday following gains from the technology stocks and automobile producers, while the financials were soft and the chemicals were mixed. For the day, the index skyrocketed 324.24 points or 4.32 percent to finish at 7,822.24 after trading between 7,713.49 and 7,899.32. Volume was 723.4 million shares worth 50.2 trillion won. There were 735 gainers and 147 decliners. Among the actives, Shinhan Financial sank 0.82 percent, while KB Financial tumbled 1.79 percent, Hana Financial perked 0.08 percent, Samsung Electronics rallied 6.33 percent, Samsung SDI added 1.51 percent, LG Electronics gained 1.69 percent, SK Hynix surged 11.51 percent, Naver slumped 1.63 percent, LG Chem dropped 1.40 percent, Lotte Chemical vaulted 6.61 percent, SK Innovation stumbled 1.48 percent, POSCO Holdings tanked 2.48 percent, SK Telecom jumped 5.03 percent, KEPCO surrendered 1.93 percent, Hyundai Mobis soared 8.64 percent, Hyundai Motor accelerated 5.38 percent and Kia Motors jumped 6.20 percent.
The lead from Wall Street suggests mild upside as the major averages opened mixed on Monday and largely hugged the line throughout the session, finishing with slight gains.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.