{"id":337,"date":"2026-05-04T07:44:14","date_gmt":"2026-05-04T07:44:14","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/337\/"},"modified":"2026-05-04T07:44:14","modified_gmt":"2026-05-04T07:44:14","slug":"kospi-closes-at-record-6936-99-as-sk-hynix-market-cap-tops-1000-trillion-won","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/337\/","title":{"rendered":"KOSPI Closes at Record 6,936.99 as SK hynix Market Cap Tops 1,000 Trillion Won"},"content":{"rendered":"

\"TheThe Kospi index is displayed on a monitor at Hana Bank’s dealing room in Jung-gu, Seoul, on the 4th. Yonhap News<\/p>\n

The KOSPI closed above the 6,900 level for the first time on Tuesday, bringing the index within striking distance of the 7,000 mark. SK hynix (000660.KS) surged more than 12% in a single session, pushing its market capitalization past 1,000 trillion won ($697 billion). Other large-cap stocks including SK Square and Samsung Electro-Mechanics also posted sharp gains.<\/p>\n

According to the Korea Exchange, the KOSPI ended the day up 338.12 points, or 5.12%, at 6,936.99. The index opened at 6,782.93, up 184.06 points, or 2.79%, from the previous session, surpassing the intraday record of 6,750.27 set on Oct. 30 in just one trading day. It then rapidly extended gains, breaking through the 6,800 level for the first time before powering past 6,900. The index hit an intraday high of 6,937.00. The KOSDAQ index also closed 21.39 points, or 1.79%, higher at 1,213.74.<\/p>\n

SK hynix’s market capitalization topped 1,000 trillion won on the day, and its share price surpassed 1.4 million won, reaching what traders call the “1.4 million nix” milestone. SK hynix ended the regular session at 1,447,000 won, up 12.52% from the previous session. The stock changed hands at 1,450,000 won at one point, putting the 1.5 million won level within reach. Samsung Electronics (005930.KS) closed the regular session 5.44% higher at 232,500 won. SK Square (402340.KS) soared 17.84%, while Samsung Electro-Mechanics (009150.KS) gained 10.34%.<\/p>\n

As the domestic stock market extended its record-high rally, the combined market capitalization of the top 10 business groups surpassed 4,000 trillion won. This represents an increase of about 75% from the 2,315.1898 trillion won level at the end of last year. Samsung Group’s market cap rose from 1,002.4979 trillion won to 1,770.8103 trillion won as of 3:23 p.m. on the day, while SK Group’s market cap more than doubled from 601.0122 trillion won to 1,278.6089 trillion won. The combined market cap of Samsung Group and SK Group exceeded 3,000 trillion won.<\/p>\n

“Strong earnings at major Korean companies and undervalued valuations are being highlighted simultaneously,” a securities industry official said. “With major semiconductor companies expected to post higher earnings this year, there appears to be further upside momentum despite the recent sharp short-term gains in the market.”<\/p>\n

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