This Tech-Heavy Index Just Had Its Best Month Since the 1990s -- WSJ

Dow Jones
01/30

By WSJ Staff

24%

-- That's how much South Korea's benchmark index rose in January, the largest monthly gain since December 1998.

-- The Kospi index edged up Friday to close at its 19th record high of the month.

-- The world's largest memory-chip makers, Samsung Electronics and SK Hynix, together make up about one-third of the Kospi, and have driven the rally.

-- Shares in Nvidia supplier SK Hynix jumped 5.6% on Friday. Samsung shares edged lower.

-- The Kospi's rally continued this week despite President Trump vowing to hike tariffs on South Korean exports back to 25%.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

January 30, 2026 09:03 ET (14:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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