15.04.202601:38:01UTC+00KOSPI Climbs Toward Pre-War Record Highs

The benchmark KOSPI jumped more than 3% to around 6,160 on Wednesday, its highest level since late February and edging closer to record highs last seen before the war. The rally was driven by renewed optimism over potential US–Iran negotiations and strong leads from Wall Street.

Sentiment improved after reports that Washington and Tehran are considering a second round of talks, with ongoing diplomatic efforts boosting hopes for a possible agreement and easing fears of supply disruptions. The resulting pullback in oil prices helped temper inflation concerns and brightened the outlook for energy-importing economies such as South Korea.

The KOSPI’s advance also mirrored overnight gains in US markets, led by technology shares. Major chipmakers were at the forefront of the rally, with Samsung Electronics up 3.5% and SK hynix rising 5.6%. Other notable gainers included Hyundai Motor (4.4%), LG Energy Solution (1.8%), SK Square (4.8%), Kia Corporation (2.6%), and KB Financial Group (2.3%).