South Korean stocks advanced on Tuesday morning, briefly exceeding the 6,700-point threshold, positioning the market for a potential new peak. The rally was primarily driven by gains in technology shares ahead of the earnings reports from major U.S. tech firms.
The Korea Composite Stock Price Index (KOSPI) was trading above the 6,700 level around 10 a.m. local time.
This movement follows a historic session the previous day, where the index closed at 6,615.03 after breaking through the 6,600-point mark for the first time ever.