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Reading: South Korea’s Kospi hits document excessive as Samsung and SK Hynix soar on OpenAI partnership
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South Korea’s Kospi hits document excessive as Samsung and SK Hynix soar on OpenAI partnership
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South Korea’s Kospi hits document excessive as Samsung and SK Hynix soar on OpenAI partnership

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Last updated: October 2, 2025 3:02 am
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Published: October 2, 2025
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The Seoul skyline.

Mongkol Chuewong | Second | Getty Pictures

South Korea’s Kospi index jumped greater than 3% Thursday to hit an all-time excessive, lifted by positive factors in heavyweight Samsung Electronics and SK Hynix.

Shares in Samsung Electronics and SK Hynix, which introduced a partnership with OpenAI late Wednesday to produce reminiscence chips, rose over 4% and 11%, respectively.

In the meantime, the Kosdaq rose 0.95%.

South Korea’s shopper worth index climbed 2.1% yr on yr in September, greater than the two% rise anticipated by economists in a Reuters ballot. The most recent studying compares with the 1.7% progress in August.

Japan’s benchmark Nikkei 225 index superior 0.6%, whereas the Topix fell 0.54%.

Australia’s ASX/S&P 200 surged 1.14%.

Hong Kong’s Hold Seng Index superior 1.30%. Shares of Zijin Gold skyrocketed almost 12%, constructing on positive factors for 2 consecutive days since its Hong Kong buying and selling debut Tuesday. The Hold Seng Tech index climbed 2.08%.

Chinese language and Indian markets had been closed for holidays.

U.S. fairness futures had been little modified in early Asian hours after the S&P 500 recorded a recent excessive Wednesday stateside, as merchants wager that the U.S. authorities shutdown can be short-lived.

The shutdown is anticipated to final not less than three days, with the Senate set to be out of session Thursday stateside attributable to Yom Kippur, however merchants are betting that the shutdown might drag on for almost two weeks.

In a single day, the broad market index gained 0.34% to shut at 6,711.20. Earlier, it had hit a brand new all-time intraday excessive. The Nasdaq Composite rose 0.42% to settle at 22,755.16, whereas the Dow Jones Industrial Common traded up 43.21 factors, or 0.09%, to complete at 46,441.10.

— CNBC’s Pia Singh and Sean Conlon contributed to this report.

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