The benchmark KOSPI rose 0.49% to close at 4,910 on Wednesday, rebounding from the previous session and setting a fresh record high, as investors returned to large-cap leaders. The index recovered earlier losses amid bargain hunting, as lingering geopolitical and tariff uncertainty linked to US-Europe tensions failed to derail demand for structurally strong names. Meanwhile, the lack of immediate policy action helped stabilize risk appetite, while President Lee Jae Myung downplayed the likelihood of punitive US chip tariffs, easing concerns around Korea’s key export sector. Gains were led by Samsung Electronics (2.96%) on expectations of a sustained semiconductor upcycle, alongside sharp advances in autos including Hyundai Motor (14.61%) and Kia Corporation (5.00%) on optimism around robotics and autonomous driving initiatives. Additional support came from KB Financial Group (2.78%), Hyundai Mobis (8.09%), and Hanwha Aerospace (0.46%).
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Market Update, Let’s Catch upApril 7, 2025
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





