Kospi Index Surges 5.55% at Nov. 10 Open Driven by Semiconductor Gains
Key Facts
The Kospi index surged 5.55% to 5,297.59 points at the opening of the November 10, 2026, session. The rally was driven by an 8.01% jump in SK Hynix shares and a 5.58% rise in Samsung Electronics, reflecting strong performance for the South Korean market's largest components at the start of trading.
This surge follows broad gains in U.S. markets on November 9, where the S&P 500 rose 2.3% and the Nasdaq climbed 2.7%. The momentum coincided with continued strong demand for AI-related memory chips, a sector dominated by Samsung and SK Hynix with approximately two-thirds of the global market share according to Associated Press data.
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Update: The Kospi index pared its gains to 4.52%, reaching 5,245.72 points by 11:20 a.m. KST on November 10, 2026. This easing followed the triggering of temporary curbs on automated buying due to surging futures, coming after a period of high volatility where the index had previously plunged 11.7% in a single week.