KOSPI Surges 5.12%, Closes at 6,936; SK Hynix Rallies 12%

The KOSPI rose 5.12% to close at 6,936.99 on May 4, nearing the 7,000 threshold. Foreign investors registered net purchases of 3.02 trillion won, while institutional investors bought 1.94 trillion won. SK Hynix surged approximately 12% and Samsung Electronics climbed roughly 5%, driving the index higher. The rally reflects renewed expectations for AI semiconductor super-cycle momentum following strong big tech earnings during the Labor Day holiday period.