South Korea's benchmark KOSPI broke through the 6,300 mark for the first time since the U.S.-Iran war.
According to the Korea Exchange on Friday, the KOSPI opened at 6,302.54, up 83.45 points or 1.34% from the previous trading day. The KOSDAQ also opened higher, gaining 11.38 points or 0.97% to 1,186.23.
With the day's rally, the KOSPI quickly surpassed its previous closing high of 6,307.27 in early trading. As of 9:10 a.m., the KOSPI stood at 6,345.67, up 126.58 points or 2.04% from the previous day.
The semiconductor sector led the market. SK hynix (000660.KS) crossed the 1.2 million won threshold in early trading, achieving the "1.2 million nix" milestone. Samsung Electronics (005930.KS) also climbed above 220,000 won, rising more than 2% and supporting the index's gains.
Most top market cap stocks are trading higher. LG Energy Solution (373220.KS) rose 2.45%, SK Square gained 2.85%, and Doosan Enerbility climbed 3.96%. Hyundai Motor (005380.KS) and Kia (000270.KS) also extended gains of more than 1% each.
