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KOSPI sets record peak amid hopes of peace talks, tech rally
Foreign and institutional investors bought 2.55 trillion won as Samsung Electronics and SK hynix rose on strong earnings hopes.
- On Tuesday, April 21, 2026, the KOSPI closed at a record high of 6,388.47, rising 2.72 percent and surpassing the previous record of 6,307.27 set on February 26.
- Heavyweight chipmakers fueled the rally, with SK hynix climbing 4.97 percent to 1,224,000 won and Samsung Electronics rising 2.1 percent to 219,000 won, supported by record AI-driven earnings.
- Foreign investors purchased a net 1.75 trillion won while institutional investors bought 796 billion won; retail investors offloaded 2.36 trillion won during the session.
- Despite looming geopolitical uncertainties, market participants showed reduced sensitivity to Middle East risks as the two-week ceasefire approaches its Wednesday expiration, though President Donald Trump said it is "highly unlikely" he would extend it.
- Global investment banks remain bullish, with Goldman Sachs projecting the KOSPI could surpass 8,000 within 12 months and JPMorgan Chase raising its target to 8,500 on strong semiconductor fundamentals.
13 Articles
13 Articles
Investors pay attention to the possibility of negotiations between the United States and Iran, as the end of the ceasefire agreed between both sides approaches.
KOSPI sets record peak amid hopes of peace talks, tech rally
Around two months after an extreme rout caused by the Middle East crisis, South Korea's stock market showed a dramatic return on Tuesday by setting a new record high amid hopes for the U.S.-Iran peace talks.
Seoul stocks open sharply higher ahead of US-Iran ceasefire deadline
Korean stocks opened sharply higher on Tuesday ahead of the deadline for a two-week ceasefire in the U.S.-Iran war. The benchmark Korea Composite Stock Price Index (KOSPI) rose 123.67 points, or 1.99 percent, to 6,342.76 as of 9:23 a.m., on pace to break another record. The previous high was on Feb. 26, when the index closed at 6,307.27 points. Overnight, major stock indexes on Wall Street closed lower, with the S&P500 inching down 0.24 percent …
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